Suburb Profile Report for Killara NSW (2071)

Killara House: Median price $2,900,000, Annual capital growth 7.98%, Number of sales 98, Weekly median advertised rent $1,178

Killara Unit: Median price $990,000, Annual capital growth 7.07%, Number of sales 110, Weekly median advertised rent $650

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Killara, 2071 should be relatively pleased 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 13.39%

Taking the average capital gain, or increase in median house value, Killara,2071 has racked up an average of 13.39% over the period. This ranks it number 421th in the whole country for real estate investors looking at median house price increases.

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 -6.57% is being offered, which puts this NSW suburb at 1251th most discounted overall in Australia.

At number 1826 in a list of fastest selling suburbs, Killara is just in the top half of suburbs in Australia with an average of days on market 73.68 for properties listed there.

Advertised rents are around the $1177.5 mark per week – giving a return of 2.11% based on the median price in Suburb

Investment property in Killara has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.24%

Killara,2071 has offered an average of 11.24% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -5.14% to buyers in Killara at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 9.17 sales per month, which equates to 110 per year.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 3.41%

Metrics i HOUSE UNIT
$2,900,000 $990,000
9.35% 1.12%
13.39% 11.24%
7.98% 7.07%
$1,178 $650
98 110
2.11% 3.41%
73.68 38.02

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Killara NSW
Demographics
Total population 9284
Median household income ($/weekly) 2508
Median age of persons 41
Median housing loan repayment ($/monthly) 3300
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1373 14.8
    25-34 years 806 8.7
    35-44 years 1131 12.2
    45-54 years 1473 15.9
    55-64 years 1078 11.6
    Others 3423 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 3986 58.4
    Not Married 2647 38.7
    Defacto Relationship 198 2.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5504 61.4
    Croatia 562 6.3
    India 339 3.8
    United Kingdom 532 5.9
    Other 493 5.5
    Others 1527 17.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 329 3.8
    Christianity 5462 63.8
    Hinduism 134 1.6
    Judaism 239 2.8
    No Religion 2253 26.3
    Others 150 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 180 6.6
    $1,500-$1,999 251 9.2
    $2,500-$2,999 487 17.8
    $3,000-$3,499 258 9.4
    $4,000 or more 476 17.4
    Others 1081 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2758 38.6
    Employed, worked full-time 2569 36.0
    Employed, worked part-time 1392 19.5
    Employed, away from work 215 3.0
    Unemployed, looking for work 207 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 844 20.2
    Professionals 1745 41.8
    Community & personal service workers 265 6.3
    Clerical & administrative workers 604 14.5
    Sales 339 8.1
    Others 379 9.1
    Occupation
    Census Count Percent(%)
    Pre-school 146 5.1
    Infants/Primary 884 30.8
    Secondary 923 32.1
    Technical or Further Educational Institution 133 4.6
    University or other Tertiary Institutions 709 24.7
    Others 77 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6456 75.1
    Flat, unit or apartment 2018 23.5
    Semi-detached, row or terrace house, townhouse 124 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1462 48.0
    Being purchased 938 30.8
    Rented 607 19.9
    Other tenure type 40 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals