If you compare the increase in value of investment property in Killara, 2071 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -16.86%.
Killara,2071 was ranked 3950 in Australia by increase in median property value over the quarter.
Killara, 2071 is offering NSW ‘s 635th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
With the median price for a house in Killara being $2380000 and the advertised rent reaching $1200 the gross rental yield for property investors calculates out to be 2.62%
With a capital gain of -5.24% for the last 12 months, Killara, 2071 has performed for property investments than its average annual 2.79% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Killara has given property investors a paper return of -4.74%. This puts Suburb as 422 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Killara should be aiming for at least -5.77% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $33540 per annum or $645 every week.