Suburb Profile Report for Kirribilli NSW (2061)

Kirribilli House: Median price $2,600,000, Annual capital growth 29.17%, Number of sales 10, Weekly median advertised rent $1,250

Kirribilli Unit: Median price $1,405,000, Annual capital growth 8.90%, Number of sales 56, Weekly median advertised rent $660

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Renters in Suburb are facing rents around $65000 per annum or $1250 every week.

Kirribilli is in the TOP 10% in NSW when comparing median price capital growth over the last year. Kirribilli gave property investors a very good capital gain figure when compared to the rest of the state, with 18.02%.

Across a shorter period, Kirribilli, 2061 has seen a median price increase of -5.39% over the last quarter.

The most recent median price for Kirribilli is $1405000, with sellers offering an average of -9.33% off the asking price.

Using the current median advertised rental of $660 and the average annual increase in value of a median property of 8.90%, investors should hope to achieve an overall return of 2.44%

YIP MAG Information supplied by:

YIP MAG
March 2016

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While the voting public may be put off by the revolving door in the office of the prime minister, the fact that removalists’ trucks are a common sightoutside of Kirribilli House doesn’t seem to be affecting real estate in the harbourside suburb.

The median unit price currently sits at $1.1m and could reach even higher soon if recent trends are anything to go by.
The past five years have seen the median increase by an impressive 63%.

While affordability may not be at its best in Kirribilli, that doesn’t seem to have had much of an impact on sales.

The past 12 months have seen 72 units sold, and on average units are spending only 39 days on the market.

While it may be on the north side of Sydney Harbour, Kirribilli does offer easy access to Sydney CBD, thanks to the fact that it’s serviced by the Milsons Point train station and the Jeffrey Street Ferry wharf.

Metrics i HOUSE UNIT
$2,600,000 $1,405,000
N/A -5.39%
N/A 18.02%
29.17% 8.90%
$1,250 $660
10 56
2.50% 2.44%
N/A 101

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3667
Median household income ($/weekly) 1976
Median age of persons 39
Median housing loan repayment ($/monthly) 2800
Average household size 1.7
  • Census Count Percent(%)
    25-34 years 1037 28.3
    35-44 years 623 17.0
    45-54 years 411 11.2
    55-64 years 438 11.9
    65-74 years 394 10.7
    Others 764 20.8
    Age Group
    Census Count Percent(%)
    Not Married 1410 49.1
    Registered Married 986 34.3
    Defacto Relationship 476 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1881 57.7
    Papua New Guinea 133 4.1
    United Kingdom 352 10.8
    United States of America 101 3.1
    Other 246 7.5
    Others 549 16.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 2.6
    Christianity 1858 59.0
    Hinduism 56 1.8
    Judaism 29 0.9
    No Religion 1080 34.3
    Others 45 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 109 6.5
    $1,500-$1,999 163 9.8
    $2,500-$2,999 356 21.3
    $3,000-$3,499 113 6.8
    $4,000 or more 213 12.8
    Others 716 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1611 52.7
    Not in the labour force 850 27.8
    Employed, worked part-time 401 13.1
    Unemployed, looking for work 100 3.3
    Employed, away from work 94 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 437 20.8
    Professionals 1013 48.1
    Technicians & trades workers 92 4.4
    Community & personal service workers 101 4.8
    Clerical & administrative workers 283 13.4
    Others 180 8.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 72 14.6
    Secondary 48 9.7
    Technical or Further Educational Institution 57 11.6
    University or other Tertiary Institutions 247 50.1
    Other type of educational institution 41 8.3
    Others 28 5.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2439 77.3
    Semi-detached, row or terrace house, townhouse 360 11.4
    Separate house 352 11.1
    House or flat attached to a shop, office 6 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1200 66.5
    Fully owned 346 19.2
    Being purchased 245 13.6
    Other tenure type 14 0.8
    Tenure Type
Census 2011, ABS
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