Illabo is a quiet locality in New South Wales within the Junee local government area (postcode 2590). With a population of 132, the suburb has an older demographic with a median age of 57. Households earn a median income of $54K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Illabo is $43,000, having dropped significantly 10.4% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 42.3%. The median monthly mortgage repayment is $1,083.
Illabo is served by 1 school, including 1 primary. The average ICSEA score is 995, which is around the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Junee LGA is below average at 2,586 incidents per 100,000 population.
From an investment perspective, Illabo offers a gross rental yield of 42.3%, rated as high yield. Property prices sit below the state median ($43K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved -10.4% year-on-year.
Illabo is a quiet locality in New South Wales within the Junee local government area (postcode 2590). With a population of 132, the suburb has an older demographic with a median age of 57. Households earn a median income of $54K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Illabo is $43,000, having dropped significantly 10.4% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 42.3%. The median monthly mortgage repayment is $1,083.
Illabo is served by 1 school, including 1 primary. The average ICSEA score is 995, which is around the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Junee LGA is below average at 2,586 incidents per 100,000 population.
From an investment perspective, Illabo offers a gross rental yield of 42.3%, rated as high yield. Property prices sit below the state median ($43K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved -10.4% year-on-year.