Illaroo is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 41, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, sales. The top ancestries reported are Australian, English, Irish.
The median house price in Illaroo is $80,000, having dropped significantly 89.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 39.0%. The median monthly mortgage repayment is $2,125.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Illaroo offers a gross rental yield of 39.0%, rated as high yield. Property prices sit below the state median ($80K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved -89.3% year-on-year.
Illaroo is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 41, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, sales. The top ancestries reported are Australian, English, Irish.
The median house price in Illaroo is $80,000, having dropped significantly 89.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 39.0%. The median monthly mortgage repayment is $2,125.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Illaroo offers a gross rental yield of 39.0%, rated as high yield. Property prices sit below the state median ($80K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved -89.3% year-on-year.