Suburb Profile Report for Iluka NSW (2466)

Iluka House: Median price $390,000, Annual capital growth 2.03%, Number of sales 59, Weekly median advertised rent $450

Iluka Unit: Median price $310,000, Annual capital growth N/A, Number of sales 29, Weekly median advertised rent $375

  • 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 Iluka, 2466 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 5.76%

Over the longer term, Iluka has seen property prices show investors a 17.29% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Iluka is $390000, with sellers offering an average of -6.38% off the asking price.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

Vendor discounting in Iluka is giving property investors an average Vendor Discount of around -3.54%. This puts suburb at number 293th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

Advertised rents are around the $375 mark per week – giving a return of 6.29% based on the median price in Suburb

Metrics i HOUSE UNIT
$390,000 $310,000
4.00% -0.32%
5.76% N/A
2.03% N/A
$450 $375
59 29
6.00% 6.29%
132.6 130.12

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1702
Median household income ($/weekly) 578
Median age of persons 57
Median housing loan repayment ($/monthly) 996
Average household size 2
  • Census Count Percent(%)
    35-44 years 152 8.9
    45-54 years 203 11.9
    55-64 years 330 19.4
    65-74 years 324 19.0
    75-84 years 215 12.6
    Others 477 28.0
    Age Group
    Census Count Percent(%)
    Registered Married 699 52.5
    Not Married 503 37.8
    Defacto Relationship 129 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1496 91.8
    New Zealand 8 0.5
    Papua New Guinea 24 1.5
    United Kingdom 69 4.2
    Other 13 0.8
    Others 19 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1257 79.1
    No Religion 311 19.6
    Buddhism 11 0.7
    Other Religious Groups 10 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 110 15.5
    $400-$599 192 27.0
    $600-$799 103 14.5
    $800-$999 86 12.1
    $1,250-$1,499 46 6.5
    Others 174 24.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 947 67.2
    Employed, worked full-time 192 13.6
    Employed, worked part-time 176 12.5
    Unemployed, looking for work 51 3.6
    Employed, away from work 44 3.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 65 15.7
    Community & personal service workers 59 14.2
    Clerical & administrative workers 45 10.8
    Sales 61 14.7
    Labourers 79 19.0
    Others 106 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 26 10.5
    Infants/Primary 85 34.3
    Secondary 83 33.5
    Technical or Further Educational Institution 29 11.7
    University or other Tertiary Institutions 16 6.5
    Others 9 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1186 75.3
    Semi-detached, row or terrace house, townhouse 130 8.3
    Flat, unit or apartment 133 8.4
    Caravan, cabin, houseboat 92 5.8
    House or flat attached to a shop, office 30 1.9
    Others 4 0.3
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 396 51.9
    Rented 261 34.2
    Being purchased 89 11.7
    Other tenure type 17 2.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals