Comparing Kirribilli,2061 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property value increases in Kirribilli have tracked close to the NSW average of 5.59% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kirribilli comes in at number 23th in NSW.
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 -3.33% is being offered, which puts this NSW suburb at 1251th most discounted overall in Australia.
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
Information supplied by:
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.