Suburb Profile Report for Illawong NSW (2234)

Illawong House: Median price $1,200,000, Annual capital growth 6.58%, Number of sales 76, Weekly median advertised rent $760

Illawong Unit: Median price $840,000, Annual capital growth 6.13%, Number of sales 19, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Illawong, 2234 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.35%

Taking the average capital gain, or increase in median house value, Illawong,2234 has racked up an average of 4.35% over the period. This ranks it number 1052th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Illawong, 2234. Typically our figures indicate that -2.98% is being offered, which puts this NSW suburb at 3581th most discounted overall in Australia.

In the last year 76 properties changed hands in Illawong, which puts it as the 425th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $760 and the average annual increase in value of a median property of 6.58%, investors should hope to achieve an overall return of 3.29%

Property investors who have had real estate in Illawong, 2234 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 28.24%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Illawong has increased when compared to the 5 year average annual rate.

Illawong2234 is located in NSW which offers an average discount of -4.41% to property investors. Illawong itself is showing figures that indicate -7.19% is the average achievable by property buyers investing in the suburb.

The NSW suburb of Illawong, 2234 is in the Sutherland Shire local government area.

HOUSE UNIT
$1,200,000 $840,000
1.69% 1.20%
4.35% 28.24%
6.58% 6.13%
$760 $600
76 19
3.29% 3.71%
71.33 48.8

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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