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Iluka
AREA REPORTS

Iluka

Iluka - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6028

house

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.

Data report can be found below

Iluka
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $907,500 N/A
GROWTH REPORT
Median Quarterly 3.71% N/A
Median 12 month 9.67% N/A
Median 3 years 11.01% N/A
Median 5 years 10.37% N/A
10 years average annual 1.74% N/A
Weekly media advert. rent $800 N/A
Time on Market 25.7 days N/A
Gross Rental Yield Percent 4.58% N/A
demographics (median values)*
Total Population
22440
Weekly Household Income
2289
Household Size
3.10
Age
37
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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