Illawong, NSW
FAIR VALUE3,921 sales · 36 years of data · NSW, Australia
Illawong, NSW Property Market Overview
Illawong, NSW, 2234, is a primarily residential suburb located in southern Sydney, offering a blend of leafy streets and convenient amenities. With 36 years of property data analysed, AusPropertyInsights.app provides a comprehensive overview of the Illawong market. The total recorded sales number 3,921, reflecting a stable and established property landscape. The current median property price in Illawong is $1,885,000, with houses commanding a median of $1,915,000 and apartments at $1,100,000.
Illawong is known for its family-friendly atmosphere and proximity to the Georges River. The suburb offers a range of housing options, from established homes to modern apartments. Its accessible location and community feel make Illawong a desirable place to live. The property market in Illawong has shown consistent growth over the long term, attracting both owner-occupiers and investors.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Illawong
Top streets in Illawong, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Bignell St | $2,020,000 |
| 2 | Mariner Rd | $1,910,500 |
| 3 | Old Ferry Rd | $1,690,000 |
| 4 | Sylvan Ridge Dr | $2,405,000 |
... and 139 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Austin St | $2,369/m² |
| 2 | Wales Cl | $2,499/m² |
| 3 | Kinsella St | $3,136/m² |
| 4 | Cygnet Pl | $2,687/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Sylvan Ridge Dr | +8.1% |
| 2 | Burley Cl | +7.7% |
| 3 | Byron Pl | +6.1% |
| 4 | Stuart Cl | +6.4% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 57 Old Ferry Rd | $500,000 |
... and 60 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Illawong analysis
143 streets and 64 buildings to explore
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Illawong at a Glance
Illawong, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Illawong, NSW
Living in Illawong offers a relaxed and family-friendly lifestyle. The suburb is known for its leafy streets, parks, and proximity to the Georges River. Residents enjoy access to a range of amenities, including local shops and restaurants. Illawong is home to several reputable schools, including Illawong Public School and St Joseph's Catholic Primary School.
For shopping, residents often visit nearby Menai Marketplace or Southgate Shopping Centre in Sylvania. Parks such as Illawong Bay Park provide recreational spaces for families and individuals. While Illawong itself doesn't have a train station, nearby stations like Sutherland and Jannali offer convenient access to the Sydney CBD. The community in Illawong is known for being friendly and welcoming, making it a desirable place to call home.
Who Buys in Illawong?
Illawong primarily attracts families and established homeowners seeking a peaceful and convenient lifestyle. The higher median house price of $1,915,000 suggests that buyers in Illawong are often in a strong financial position. While apartments are available at a lower median price of $1,100,000, the strata percentage of 9.2% indicates that houses are the predominant property type. The historical CAGR figures suggest that buyers are looking for long-term capital growth. The suburb's reputation for good schools and safe streets also appeals to families with children.
Market Analysis
The Illawong property market, as of early 2026, is currently assessed to be near its long-term trend, indicating fair value according to our analysis. This suggests that property prices in Illawong are aligned with historical growth patterns and broader economic conditions. The cycle position reflects a balance between supply and demand within the suburb.
This cycle position for Illawong suggests that the market is neither experiencing significant upward or downward pressure. While markets are dynamic, the current conditions indicate a stable environment for property transactions in Illawong. Buyers and sellers can expect a market that is operating within established norms, with prices reflecting underlying value rather than speculative fluctuations.
Is Illawong a Good Investment?
Illawong's historical growth patterns point to a stable and reliable property market. The full-period CAGR of 5.8% over 36 years demonstrates long-term value appreciation. With the market currently assessed to be near its long-term trend, Illawong presents a balanced opportunity for buyers seeking a steady market. The consistent growth and desirable lifestyle factors contribute to the suburb's enduring appeal.
While market conditions are dynamic, Illawong's historical performance suggests resilience. The mix of housing options and community amenities supports ongoing demand. Property values in Illawong are underpinned by its location, schools, and overall quality of life. The current cycle position suggests a market that is neither over-heated nor significantly undervalued, offering stability for potential buyers.
Illawong Market Outlook
As of early 2026, the Illawong property market is considered to be near its long-term trend, indicating fair value. Recent price trends suggest a period of stability following previous growth spurts. While market dynamics can shift, the current conditions point to a balanced environment for property transactions in Illawong. Buyers and sellers can expect a market that is operating within established norms. The outlook for Illawong remains positive, supported by its desirable location and community amenities.
Streets & Location in Illawong, NSW
Illawong, postcode 2234, features 143 streets, each contributing to the suburb's unique character. Among the notable streets, based on median property prices, are Fowler Rd, Sylvan Ridge Dr, and Blaxland Dr. These streets are known for their quality homes and desirable locations within Illawong. The suburb's location in southern Sydney offers residents access to both urban amenities and natural surroundings. Illawong's proximity to the Georges River enhances its appeal, providing recreational opportunities and scenic views.
Market Dynamics
The average settlement time for properties in Illawong is 59 days, indicating a relatively efficient transaction process. This timeframe reflects the typical due diligence and administrative procedures involved in property sales. Information regarding quick-flip percentages is not available, suggesting that this type of transaction is not a significant feature of the Illawong market. The stable settlement timeframe suggests a consistent level of activity within the Illawong property market.
Development & Density
Illawong features a mix of housing types, with a focus on detached houses. There are 64 apartment buildings in Illawong, representing a smaller proportion of the overall housing stock. The strata title percentage of 9.2% confirms the dominance of houses in the suburb's landscape. Development density in Illawong is generally low to medium, preserving the suburb's leafy character. This contributes to the appeal of Illawong for those seeking a more spacious and relaxed living environment.
Growth & Property Mix
Historically, Illawong has demonstrated consistent property value appreciation. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 6.1%. Looking at a longer timeframe, the 20-year CAGR stands at 5.7%, while the full-period CAGR, encompassing 36 years of data, is 5.8%. These figures highlight the sustained growth experienced in Illawong. The property mix in Illawong consists predominantly of houses, with apartments representing 9.2% of the market based on strata title ownership.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.