Illawong is an average performer in NSW when comparing median price capital growth over the last year. Illawong gave property investors a average capital gain figure when compared to the rest of the state, with -1.96%.
If we look at median property appreciation over just the last three months, Illawong has given property investors a paper return of 2.04%. This puts Suburb as 514 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Illawong should be aiming for at least -8.28% off the asking price, which is the average vendor discount being achieved at the moment.
Illawong has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -11.31% to date .
Illawong,2234 was ranked 503 in Australia by increase in median property value over the quarter.
With the median price for a house in Illawong being $745000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.28%