NSW/
Iluka

Suburb Profile

Iluka - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2466

house
unit

ILUKA, 2466 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling ILUKA, 2466 values up and netting property investors a capital gain of 19.59% for the past year.

Investors saw the median home price rise to $438,000.

Profits due to an upward trend in home prices in the suburb averaged 10.25% per annum over a 3-year period.

ILUKA now ranks at the 152nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ILUKA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $430 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ILUKA, homes and units usually stay on listing for an average of 118.1 days.

In 2016, 63 properties were sold in ILUKA during the past year, making it the 236th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $438,000 $310,000
GROWTH REPORT
Median Quarterly 8.96% -0.32%
Median 12 month 19.59% -3.13%
Median 3 years 30.75% 29.17%
Median 5 years 46% N/A
10 years average annual 3.69% 4.19%
Weekly media advert. rent $430 $370
Time on Market 118.1 days 113.5 days
Gross Rental Yield Percent 5.11% 6.21%
demographics (median values)
Total Population
1742
Weekly Household Income
519.1
Household Size
2.10
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