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 12.93%
When looking at the potential capital gains offered to property investors over the last 3 years, Killara comes in at number 244th in NSW.
Killara2071 is located in NSW which offers an average discount of -5.49% to property investors. Killara itself is showing figures that indicate -8.59% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $1165 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 2.31%
With a capital gain of 0.78% for the last 12 months, Killara, 2071 has performed for property investments than its average annual 6.20% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Killara has given property investors a paper return of 3.76%. This puts Suburb as 142 on a list of fastest fasting appreciating suburbs 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 Killara, 2071. Typically our figures indicate that -3.43% is being offered, which puts this NSW suburb at 1229th most discounted overall in Australia.
In the last year 104 properties changed hands in Killara, which puts it as the 143th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $650 mark per week – giving a return of 3.74% based on the median price in Suburb