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.