Renters in Suburb are facing rents around $11700 per annum or $975 every week.
Over the last year, property investments in Kirribilli, 2061 have given investors a capital gain of 4.31%. This compares averagely with the 6.96% for NSW as a whole.
Kirribilli,2061 was ranked 596 in Australia by increase in median property value over the quarter.
The most recent median price for Kirribilli is $1210000, with sellers offering an average of -1.92% off the asking price.
In the last year 75 properties changed hands in Kirribilli, which puts it as the 206th most active market in NSW when comparing the number of sales per suburb.
Kirribilli is just over the harbour bridge from the CBD, right next to Milson’s Point railway station, and is a high demand area both for its proximity to the city centre and its sought after harbour side location.Full summary
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While the voting public may be put off by the revolving door in the office of the prime minister, the fact that removalists’ trucks are a common sightoutside of Kirribilli House doesn’t seem to be affecting real estate in the harbourside suburb.Close
The median unit price currently sits at $1.1m and could reach even higher soon if recent trends are anything to go by.
The past five years have seen the median increase by an impressive 63%.
While affordability may not be at its best in Kirribilli, that doesn’t seem to have had much of an impact on sales.
The past 12 months have seen 72 units sold, and on average units are spending only 39 days on the market.
While it may be on the north side of Sydney Harbour, Kirribilli does offer easy access to Sydney CBD, thanks to the fact that it’s serviced by the Milsons Point train station and the Jeffrey Street Ferry wharf.