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Illawong

POSTAL CODE: NSW, 2234
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ILLAWONG ranks 865th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.01% for the past year is lower than average compared to its 57.52% growth within a five-year period.

Also in ILLAWONG, the median home price is sitting at $1,937,500, and the average rent at $1200, this suggests property owners could potentially earn a 3.22% increase in gross rental yield.

Property investors have seen a 1.84% gain in ILLAWONG based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.91% growth over a ten-year period. It ranks 2753rd on our list of suburbs that property investors should look into.

Surburb overview

Illawong lies approximately 27 kilometres south-west of the Sydney central business district and falls within the Sutherland Shire local government area.

The suburb takes its name from an Aboriginal word meaning “between two waters,” reflecting its location between the Georges and Woronora Rivers.

The most recent census reports a population of around 7,427 residents living in Illawong. The community comprises predominantly families, with a notable share of Australian-born residents and significant representation from English, Irish, Italian and Greek ancestries.

Public transport in Illawong relies mainly on buses that connect the suburb to nearby centres such as Menai, Sutherland and Bankstown, which in turn provide access to train services for broader travel. Only about 2 per cent of working residents use public transport to commute, while the majority rely on cars. Road access benefits from major routes that lead towards Menai and onto key arteries servicing the greater Sydney area.

Residents access essential services via the Illawong Village shopping centre, which contains a cluster of retail outlets that were redeveloped in the mid-2000s. The suburb hosts local schools, including Illawong Primary School and Georges River College Illawarra Campus, and residents draw on nearby Menai Marketplace for additional retail and dining options.

Illawong supports a range of recreational opportunities that reflect its riverside and bushland setting. The presence of the Georges and Woronora Rivers encourages activities such as riverside walks and informal water enjoyment.

Nearby reserves and bushland offer spaces for walking, nature study and low-key outdoor leisure. Community life centres on family-oriented pursuits, bolstered by local gathering spots and the tranquillity of the natural environment.

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