Iraak Property Market
& Suburb Profile
IRAAK PRICE TRACKER
IRAAK INVESTOR STATISTICS
Median rental price for Houses
(all agencies, last 12 months)$418pwHouse rental price change
(all agencies, last 12 months)0.07%Average rental yield for Houses
(all agencies, last 12 months)5.21%Iraak total population size
(as at the last census)118Median household size in Iraak
(as at the last census)2.3(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)
OCCUPANCY IN IRAAK
- Owned 59%
- Rented 29%
- Other/Not Stated 12%
- Singles 39%
- Families 63%
- Other 0%
ABOUT IRAAK
IRAAK MARKET INSIGHTS
| Year | Sold | Median Sale Price (All Residential) | Sales Growth YoY |
|---|---|---|---|
| 2026 | 0 | - | no change |
| 2025 | 1 | $280,000 | -42.51% |
| 2024 | 3 | $487,000 | +18.78% |
| 2023 | 1 | $410,000 | no change |
| 2022 | 0 | - | no change |
| Year | Leased | Median Rental Price (All Residential) | Rental Yield |
|---|---|---|---|
| 2026 | 0 | $418pw | 5.21% |
| 2025 | 0 | $408pw | 5.08% |
| 2024 | 1 | $376pw | 5.59% |
| 2023 | 1 | $347pw | 5.35% |
| 2022 | 1 | $319pw | 5.33% |
PROUDLY SERVICING Iraak
*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).
The 12 month data in this report is from 28 February 2025 to 28 February 2026, last updated 28 February 2026.