521 Karrinyup RoadInnaloo WA 6018
Property Details for 521 Karrinyup Rd, Innaloo
521 Karrinyup Rd, Innaloo is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 1159m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (January 2025)
Morgan and Hayes Real Estate is delighted to present 521 Karrinyup Road, Innaloo an exciting development opportunity in one of Perth's thriving suburbs. This property offers an expansive 1159 sqm block, zoned R40, providing endless possibilities for developers and investors.
The existing home is a solid, two-story brick and tile residence with spacious living areas, offering potential for renovation or as a rental income generator while planning your future development. Featuring multiple bedrooms and living spaces, the house itself is full of character and charm, making it perfect for families or groups seeking room to grow. The interiors boast vintage design elements, including a large retro-style kitchen and ample storage, along with generously sized living and dining areas. The home's two-story layout offers flexibility, with a balcony upstairs providing views of the surrounding area.
Outside, the property's extensive grounds are a blank slate, ideal for landscaping or redevelopment. With the zoning allowing for potential subdivision, this site is ready to be transformed into a modern development of townhouses or units (subject to council approval).
The location is highly sought after, positioned close to popular shopping hubs such as Karrinyup Shopping Centre, schools, parks, and public transport options, making it a prime candidate for future growth. Innaloo itself is a fast-evolving suburb, attracting developers and homebuyers alike for its proximity to Perth's CBD and coastal amenities.
Whether you're looking to renovate, invest, or develop, this property offers a rare opportunity in a prime location. Don't miss your chance to secure this exciting prospect.
Contact Morgan and Hayes Real Estate today for more information or to arrange a viewing of 521 Karrinyup Road, Innaloo.
Property History for 521 Karrinyup Rd, Innaloo, WA 6018
- 25 Oct 2024Sold for $1,160,000
- 15 Oct 2024Listed for Sale SOLD
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About Innaloo 6018
The size of Innaloo is approximately 3.2 square kilometres. It has 11 parks covering nearly 7.1% of total area. The population of Innaloo in 2016 was 8251 people. By 2021 the population was 9592 showing a population growth of 16.2% in the area during that time. The predominant age group in Innaloo is 30-39 years. Households in Innaloo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Innaloo work in a professional occupation.In 2021, 57.60% of the homes in Innaloo were owner-occupied compared with 56.80% in 2016.
Innaloo has 6,013 properties. Over the last 5 years, Houses in Innaloo have seen a 95.06% increase in median value, while Units have seen a 91.20% increase. As at 30 April 2026:
- The median value for Houses in Innaloo is $1,274,759 while the median value for Units is $914,378.
- Houses have a median rent of $835 while Units have a median rent of $750.
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