Iluka

A steady increase in median property prices over a five-year period in the suburb translates to a 11.01% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $907,500

The augmented property values in the suburb are trailing behind the territorial average of 14.43% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $800.

Home owners selling their properties and realtors in ILUKA usually have to wait an average of 25.7 days days before their assets are lifted off the market.

The WA suburb ranks 202nd on the list of best yielding suburbs for rental properties in WA, posting a 4.58% return.

It also places places 196th in Australia based on median property value growth during the quarter.