Homewise logoHomewise
Back to Suburb Insights

Killara Suburb Insights

VIC
Location Information

Suburb Name

Killara, VIC

Distance from CBD

6.2 km
Demographics

Population

10,574

Median Income

$49,452

Area Information

Area

4.63 km²

Population Density

2284 people/km²

Property Market

Median Price

$477,526

Annual Growth

+17.4%
Property Price Trend Analysis

Current Median Price

$477,526

Annual Growth

+17.4%

Quarterly Growth

+3.5%

Price Trends - Last 6 Months

2024-01

$483,489

+3.1%
2024-02

$982,364

+12.7%
2024-03

$896,053

+12.9%
2024-04

$1,133,702

+14.4%
2024-05

$1,105,056

+16.4%
2024-06

$984,203

+14.7%
Property Type Price Analysis
House

Median Price

$1,628,363

Growth Rate

+12.3%

Available Listings

410 properties

Apartment

Median Price

$360,040

Growth Rate

+16%

Available Listings

877 properties

Townhouse

Median Price

$633,856

Growth Rate

+16.2%

Available Listings

186 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy