Kirribilli has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.20% to date .
Comparing Kirribilli,2061 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kirribilli, 2061. Typically our figures indicate that -6.19% is being offered, which puts this NSW suburb at 413th most discounted overall in Australia.
At number 40 in a list of fastest selling suburbs, Kirribilli is in the TOP 10% of suburbs in Australia with an average of days on market 32.47 for properties listed there.
Situated 2.17km from the CBD, Kirribilli is one of North Sydney localities in the postcode 2061.
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.