Investment property in Killara has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.37%
Comparing Killara,2071 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Killara2071 is located in NSW which offers an average discount of -5.52% to property investors. Killara itself is showing figures that indicate -7.70% is the average achievable by property buyers investing in the suburb.
Property investors who have had real estate in Killara, 2071 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.94%
Over the longer term, Killara has seen property prices show investors a 25.77% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Killara is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 151th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $635 and the average annual increase in value of a median property of 6.74%, investors should hope to achieve an overall return of 3.70%