Suburb Profile Report for Killara NSW (2071)

Killara House: Median price $2,380,000, Annual capital growth 7.23%, Number of sales 74, Weekly median advertised rent $1,200

Killara Unit: Median price $905,000, Annual capital growth 2.79%, Number of sales 63, Weekly median advertised rent $645

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

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

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$2,380,000 $905,000
-8.46% -4.74%
-16.86% -5.24%
7.23% 2.79%
$1,200 $645
74 63
2.62% 3.71%
62.9166666666667 67.4444444444444

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. 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 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
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