Iraak Suburb Profile
Victoria 3494

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Iraak has 90 properties. Over the last 5 years, Houses in Iraak have seen a 183.49% increase in median value. As at 31 October 2024:

  • The median value for Houses in Iraak is $442,741.
There are currently 2 properties listed for sale, and 1 property listed for rent in Iraak on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Iraak.

The size of Iraak is approximately 77 square kilometres. It has 1 park covering nearly 6.2% of total area. The population of Iraak in 2011 was 379 people. By 2016 the population was 111 showing a population decline of 70.7% in the area during that time. The predominant age group in Iraak is 30-39 years. Households in Iraak are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iraak work in a managers occupation. In 2011, 56.9% of the homes in Iraak were owner-occupied compared with 47.8% in 2016..

Suburb Insights for IRAAK 3494

Market Insights
Iraak Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Iraak Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 111

0-9

 

16%

10-19

 

13%

20-29

 

6%

30-39

 

23%

40-49

 

13%

50-59

 

7%

60-69

 

11%

Household Structure
Occupancy

Last Updated: 21/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.