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.