NSW has seen average median house prices change by 9.74% which means that Illawong, 2234 has done well for property investors by showing a capital gain of 7.83% over the last year
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.
Property buyers and investors in Illawong 2234 should be seeing an average reduction in asking price of around -2.10% . This means that Illawong is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Illawong the average time real estate has been on the market is 73.69 days.
Situated 21.30km from the CBD, Illawong is one of Sutherland Shire localities in the postcode 2234.
Property value increases in Illawong have tracked close to the NSW average of 6.96% over the last 12 months.
Comparing Illawong,2234 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 -7.21% is being offered, which puts this NSW suburb at 252th most discounted overall in Australia.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.