Suburb Profile Report for Killarney Heights NSW (2087)

Killarney Heights House: Median price $1,795,000, Annual capital growth 8.63%, Number of sales 48, Weekly median advertised rent $1,073

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Killarney Heights, 2087 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.90%.

Killarney Heights,2087 was ranked 600 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Killarney Heights should be aiming for at least -5.58% off the asking price, which is the average vendor discount being achieved at the moment.

At number 377 in a list of fastest selling suburbs, Killarney Heights is in the TOP 10% of suburbs in Australia with an average of days on market 44.68 for properties listed there.

A $1072.5 per week rent on the median house gives suburb investors a gross yield of circa 3.11%, without taking into account capital value appreciation, which has been averaging out at 8.63%.

Metrics i HOUSE UNIT
$1,795,000 N/A
5.59% N/A
5.90% N/A
8.63% N/A
$1,073 N/A
48 N/A
3.11% N/A
44.68 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4453
Median household income ($/weekly) 2270
Median age of persons 41
Median housing loan repayment ($/monthly) 3000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 833 18.7
    35-44 years 692 15.5
    45-54 years 754 16.9
    55-64 years 439 9.9
    65-74 years 410 9.2
    Others 1324 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 2080 65.2
    Not Married 983 30.8
    Defacto Relationship 128 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2846 65.4
    Croatia 129 3.0
    Papua New Guinea 114 2.6
    United Kingdom 383 8.8
    Other 288 6.6
    Others 592 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 88 2.1
    Christianity 2802 67.7
    Judaism 39 0.9
    Other Religious Groups 60 1.5
    No Religion 1116 27.0
    Others 31 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 156 12.3
    $2,000-$2,499 108 8.5
    $2,500-$2,999 215 17.0
    $3,000-$3,499 139 11.0
    $4,000 or more 155 12.3
    Others 492 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1245 37.9
    Not in the labour force 1169 35.6
    Employed, worked part-time 690 21.0
    Employed, away from work 103 3.1
    Unemployed, looking for work 76 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 402 19.7
    Professionals 691 33.9
    Technicians & trades workers 181 8.9
    Clerical & administrative workers 318 15.6
    Sales 173 8.5
    Others 273 13.4
    Occupation
    Census Count Percent(%)
    Pre-school 123 8.6
    Infants/Primary 575 40.2
    Secondary 444 31.0
    Technical or Further Educational Institution 80 5.6
    University or other Tertiary Institutions 190 13.3
    Others 18 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4157 96.5
    Semi-detached, row or terrace house, townhouse 103 2.4
    Flat, unit or apartment 48 1.1
    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 690 49.8
    Being purchased 539 38.9
    Rented 157 11.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals