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 9.66%.
A 70.03% growth in median value for property investors in Illawong,2234 puts this suburb at number 356th in terms of best performing suburbs in NSW
Illawong2234 is located in NSW which offers an average discount of -5.22% to property investors. Illawong itself is showing figures that indicate -4.26% is the average achievable by property buyers investing in the suburb.
A $810 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 7.58%.
Property investors looking for a bargain in Illawong should be aiming for at least -8.15% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Illawong have been waiting around 70.58 days to sell a property.
Situated 21.35km from the CBD, Illawong is one of Sutherland Shire localities in the postcode 2234.