Over the last year, property investments in Killara, 2071 have given investors a capital gain of 6.43%. This compares averagely with the 6.38% for NSW as a whole.
Across a shorter period, Killara, 2071 has seen a median price increase of -0.60% over the last quarter.
The most recent median price for Killara is $2500000, with sellers offering an average of -7.96% off the asking price.
Advertised rents are around the $1150 mark per week – giving a return of 2.39% based on the median price in Suburb
Property value increases in Killara have tracked just lower than the NSW average of 5.59% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Killara has increased when compared to the 5 year average annual rate.
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 342th in terms of most discounted suburbs in NSW