At number 2851th in the list of Australian suburbs ordered by increase in median house value over the last year, Iluka, 2466 is in the BOTTOM 40% with a property value increase of 0.35% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Iluka comes in at number 1221th in NSW.
The most recent median price for Iluka is $353750, with sellers offering an average of -5.29% off the asking price.
In the last year 59 properties changed hands in Iluka, which puts it as the 547th most active market in NSW when comparing the number of sales per suburb.
A $437.5 per week rent on the median house gives suburb investors a gross yield of circa 6.43%, without taking into account capital value appreciation, which has been averaging out at 1.38%.
With the median price for a house in Iluka being $352500 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 5.53%