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Iraak
VIC, 3494 - Mildura

Thinking about buying in Iraak? Now could not be a better time, with just 87 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $931,000 with prices in this suburb ranging from $258,000 to $3,511,000. The aproximate distance to the coast is 302 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Iraak Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Iraak driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Iraak due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Iraak changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Iraak the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Iraak

BarryPlant 49A BLAKE RD, IRAAK, VIC, 3494 Beds4 Bathrooms2 Parking 2 Price Guide: $375,000 - $412,500

Local Schools

Nangiloc Colignan and District Primary School

(While the above schools are located with the suburb of Iraak there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Iraak weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.717.934.616.561.93.928.1
Feb1.217.232.822.468.03.924.3
Mar0.914.629.426.2753.420.0
Apr0.710.524.531.081.5315.3
May0.77.319.641.391.83.011.3
Jun0.55.016.349.396.13.09.6
Jul0.64.416.346.094.43.39.8
Aug0.75.21836.290.13.612.8
Sept0.77.422.226.384.34.017.7
Oct0.710.526.022.778.24.022.7
Nov0.913.229.120.073.1426.6
Dec1.115.932.017.565.54.029.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NangilocRed CliffsColignanMonakParingiCarwarpCardrossTrentham CliffsIrympleNichols Point


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