Ilarwill is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 233, the suburb has a mature demographic with a median age of 52. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Ilarwill is $570,000, having dropped significantly 12.3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
Public transport access includes 7 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ilarwill offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($570K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved -12.3% year-on-year.
Ilarwill is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 233, the suburb has a mature demographic with a median age of 52. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Ilarwill is $570,000, having dropped significantly 12.3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
Public transport access includes 7 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ilarwill offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($570K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved -12.3% year-on-year.