Iluka is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6028). With a population of 5,669, the suburb has a mature demographic with a median age of 46. Households earn a median income of $163K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Iluka is $1.3 million, having surged 26.6% over the past year. The current median weekly rent is $1025. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 17 bus stops.
From an investment perspective, Iluka offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +26.6% year-on-year.
Iluka is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6028). With a population of 5,669, the suburb has a mature demographic with a median age of 46. Households earn a median income of $163K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Iluka is $1.3 million, having surged 26.6% over the past year. The current median weekly rent is $1025. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 17 bus stops.
From an investment perspective, Iluka offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +26.6% year-on-year.