Suburb Profile Report for Killara NSW (2071)

Killara House: Median price $2,330,000, Annual capital growth 6.72%, Number of sales 81, Weekly median advertised rent $1,200

Killara Unit: Median price $855,000, Annual capital growth 2.86%, Number of sales 63, Weekly median advertised rent $635

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Killara has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -14.96%

The five-year average increase in median property values for Killara,2071 has given property investors a potential capital gain of 22.63% across each of those five years.

Sellers are offering property buyers an average discount of -6.97% to buyers in Killara at the moment, which is less than average for the rest of NSW.

At number 1657 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 75.8 for properties listed there.

Killara has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -14.50% to date .

Over the longer term, Killara has seen property prices show investors a -7.07% return over the last 3 years. This is worse than over the last 12 months

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.75% offered to property buyers. Sellers in Killara itself are offering an average vendor discount of -7.25% to real estate investors.

Often selling an investment property can take time, and in Killara the average time real estate has been on the market is 84.8571 days.

Situated 12.22km from the CBD, Killara is one of Ku-ring-gai (A) localities in the postcode 2071.

Metrics i HOUSE UNIT
$2,330,000 $855,000
-2.10% -5.79%
-14.96% -14.50%
6.72% 2.86%
$1,200 $635
81 63
2.68% 3.86%
75.8 84.8571428571429

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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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