Question 1

Is Iluka a nice place to live?

Accepted Answer

Iluka is a relaxed coastal suburb in Perth’s northern suburbs with easy access to the Indian Ocean foreshore. Streets are dominated by single-family homes and newer low-rise development, and there are parks, playgrounds and coastal walking paths for outdoor time. Iluka Foreshore and the Iluka Sports Complex provide public open space and sporting facilities, a small local shopping hub covers everyday needs, and the Joondalup city centre is close by for larger retail, health and entertainment. Commuters use Marmion Avenue and the nearby Joondalup train line for travel.

Home to 5,669 people with a median age of 46, Iluka is a suburb of families: 55.0% are couple families with children and 37.7% are couples without children, and about 92.1% of homes are owner-occupied. The median household income is $3,144 a week. There are no significant new infrastructure or development projects reported at this time. Whether Iluka suits you will depend on whether you value coastal access, local parks and established residential streets with good transport links.

Question 2

Is it expensive to live in Iluka?

Accepted Answer

Buying sits well above local incomes: a median house in Iluka is $1,716,000, which is about 10.5 times a typical local annual household income at the last Census.

Renting a house at about $1,275 a week would take roughly 40.6% of a typical local household's weekly income recorded at the last Census, a large share. On these figures, rent already takes a substantial slice of local household income while buying sits well above what households earned at the last Census, so whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Iluka a good place to invest?

Accepted Answer

In Iluka the house market saw strong movement over the past 12 months. Median house values climbed 13.3% and the rent those houses command jumped 18.6%.

For someone weighing Iluka as an investment, the value change points to capital growth over the year while the rent change speaks to rental income, and on these figures rental income growth outpaced capital growth for houses. Whether that balance suits you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.72M	N/A
Change in value Past 12 months	13.3%	N/A
Sold Past 3 months	19	N/A
Median days on market Past 12 months	9	N/A
Average rent Past 12 months	$1275	N/A
Change in rent Past 12 months	18.6%	N/A

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