Suburb Profile Report for Illawong NSW (2234)

Illawong House: Median price $1,190,000, Annual capital growth 6.36%, Number of sales 76, Weekly median advertised rent $715

Illawong Unit: Median price $835,000, Annual capital growth 9.34%, Number of sales 20, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 4.39% for the last year, Illawong, 2234 is the 2077th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Illawong comes in at number 695th in NSW.

At number 1144th of NSW’s most discounted properties, Illawong is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $715 mark per week – giving a return of 3.12% based on the median price in Suburb

Property value increases in Illawong have tracked higher than the NSW average of 5.41% over the last 12 months.

Illawong,2234 was ranked 746 in Australia by increase in median property value over the quarter.

Vendor discounting in Illawong is giving property investors an average Vendor Discount of around -7.19%. This puts suburb at number 17th in NSW when ranking the most discounted suburbs.

With the median price for a house in Illawong being $835000 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.74%

HOUSE UNIT
$1,190,000 $835,000
0.85% 0.91%
4.39% 27.92%
6.36% 9.34%
$715 $600
76 20
3.12% 3.74%
70.08 53.9

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 7329
Median household income ($/weekly) 2287
Median age of persons 41
Median housing loan repayment ($/monthly) 2492
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 866 11.8
    20-24 years 690 9.4
    35-44 years 753 10.3
    45-54 years 1369 18.7
    55-64 years 1216 16.6
    Others 2436 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 3440 60.5
    Not Married 2083 36.6
    Defacto Relationship 167 2.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5446 76.8
    Malaysia 132 1.9
    Papua New Guinea 95 1.3
    United Kingdom 280 3.9
    Other 214 3.0
    Others 927 13.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 91 1.3
    Christianity 5727 82.4
    Hinduism 31 0.4
    Islam 189 2.7
    No Religion 898 12.9
    Others 12 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 232 12.2
    $2,000-$2,499 237 12.5
    $2,500-$2,999 239 12.6
    $3,000-$3,499 232 12.2
    $4,000 or more 271 14.3
    Others 685 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2658 44.6
    Not in the labour force 1641 27.5
    Employed, worked part-time 1283 21.5
    Employed, away from work 248 4.2
    Unemployed, looking for work 134 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 651 15.5
    Professionals 1030 24.6
    Technicians & trades workers 530 12.6
    Clerical & administrative workers 822 19.6
    Sales 424 10.1
    Others 734 17.5
    Occupation
    Census Count Percent(%)
    Pre-school 105 5.4
    Infants/Primary 545 28.2
    Secondary 583 30.2
    Technical or Further Educational Institution 163 8.4
    University or other Tertiary Institutions 490 25.4
    Others 45 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6691 96.7
    Semi-detached, row or terrace house, townhouse 226 3.3
    Flat, unit or apartment 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1043 48.4
    Being purchased 949 44.0
    Rented 161 7.5
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals