If you compare the increase in value of investment property in Killara, 2071 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.22%.
Across a shorter period, Killara, 2071 has seen a median price increase of 1.22% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Killara itself are offering an average vendor discount of -7.86% to real estate investors.
The NSW suburb of Killara, 2071 is in the Ku-ring-gai local government area.
Over the last year, property investments in Killara, 2071 have given investors a capital gain of 0.95%. This compares badly with the 5.73% for NSW as a whole.
Over the longer term, Killara has seen property prices show investors a 26.08% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Killara should be aiming for at least -3.38% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $650 weekly from the median priced house in this suburb.