Suburb Profile Report for Illawong NSW (2234)

Illawong House: Median price $1,227,000, Annual capital growth 6.80%, Number of sales 74, Weekly median advertised rent $770

Illawong Unit: Median price $861,000, Annual capital growth 7.13%, Number of sales 20, Weekly median advertised rent $595

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Illawong, 2234 have given investors a capital gain of 5.55%. This compares badly with the 9.05% for NSW as a whole.

Illawong,2234 has offered an average of 5.55% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Illawong itself are offering an average vendor discount of -2.35% to real estate investors.

Situated 21.27km from the CBD, Illawong is one of Sutherland Shire localities in the postcode 2234.

If you compare the increase in value of investment property in Illawong, 2234 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.00%.

The five-year average increase in median property values for Illawong,2234 has given property investors a potential capital gain of 72.55% across each of those five years.

Our latest figures would indicate that property sellers in Illawong are currently offering property investors an average price cut of -7.19% below the asking price at the moment.

Using the current median advertised rental of $595 and the average annual increase in value of a median property of 7.13%, investors should hope to achieve an overall return of 3.59%

Metrics i HOUSE UNIT
$1,227,000 $861,000
2.25% 2.50%
5.55% 5.00%
6.80% 7.13%
$770 $595
74 20
3.26% 3.59%
85.03 67

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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
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Recent sales & rentals