SOLD

$775,000 - Killara, Ku-ring-gai, NSW

bed2 shower1 directions_car 1 resize110 m2Apartment
This property is shown for informational purposes only as a recommended fit for PublicSquare’s Rent-to-Own and Rent-to-Sell solutions. PublicSquare is not the sales agent and has no affiliation with the vendor or listing agent.
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Investment Opportunity

```html <p>Positioned in the desirable Killara, Ku-ring-gai suburb of NSW, this investment property offers a brilliant opportunity for buyers seeking capital growth potential and low maintenance living. Nestled in a community known for its convenience, the 2-bedroom, 1-bathroom apartment promises stunning leafy views and is a short stroll to Killara Station. This makes it easy to access top-rated schools like Killara High, Killara Public, and Ravenswood. The apartment is designed for the savvy investor looking for affordability without compromising on quality.<br><br><a href="#read-more" id="show-more" class="read-toggle">Read More</a></p> <div id="hidden-content" class="hidden" aria-hidden="true"> <p>The property features an expansive 110sqm layout that allows flexibility in living spaces, along with abundant natural light. Built with durable double-brick construction, this home is whisper quiet despite its proximity to amenities. Enjoy modern conveniences such as a contemporary kitchen with a gas cooktop and a breakfast bar, making the most of every square meter.</p> <ul> <li>110sqm elevated double-brick apartment, convenient walk-to-rail location</li> <li>2 spacious bedrooms, 1 with large built-in-robe, both light, bright and airy</li> <li>Bathroom with retro fittings, rainfall shower head and window for ventilation</li> <li>Contemporary kitchen, gas cooktop, pantry, pull-out tap, breakfast bar for 1</li> <li>Expansive open-plan living and dining areas, with ideal recess for home office</li> <li>Positioned at rear of block, tucked away from the highway, sunsets galore</li> <li>Modern feature chandeliers and original mantelpiece add a touch of style</li> <li>Neutral carpet, abundant natural light throughout, leafy views from every room</li> <li>Ample internal storage, access to shared laundry/storage space, very private</li> <li>Covered car space, visitor parking, beautiful communal gardens, whisper quiet</li> <li>Walk-to-rail, Killara Public and Ravenswood, in Killara High School zone</li> </ul> <p>This property also shines as an opportunity to engage with the thriving '<a href="https://www.publicsquare.com.au/investors/products/rent-to-sell-homes">Rent-to-Sell</a>' market, offering flexibility for future occupants and potential value increase. Surrounded by tranquil gardens, it presents a retreat-like atmosphere while still providing easy access to essential amenities and prestigious private schools. With practical features like secure parking and visitor spots, it's an investment worth considering for those eager to expand their portfolio. Take a step toward future financial security and register your interest in this property today.&nbsp</p><a href="#read-less" id="show-less" class="read-toggle hidden" aria-hidden="true">Read Less</a></div> ```

Property Data

**Property Profile Report: Killara, NSW 2071**
*Author: CoreLogic*

- The property at 23/630 Pacific Highway, Killara, NSW 2071 is a unit built in 1970, with an estimated value of $775,000 (range: $720,000 - $829,000 as of 19 May 2025).
- It is a 2-bedroom, 1-bathroom unit with a size of 110m², located in the Ku-Ring-Gai council area.
- Recent sales in the area include:
- 15/35 Lorne Avenue, a 2-bedroom unit sold for $850,000 on 21/11/2024.
- 11/666 Pacific Highway, a 3-bedroom unit sold for $880,000 on 31/01/2025.
- The median value for units in Killara as of February 2025 is $1,136,647, with a 3.40% increase over the past 12 months.
- The median days on market for properties in Killara increased from 32 days in 2024 to 54 days in 2025, indicating a slower market.
- The median weekly asking rent for units in 2025 is $800, with an indicative gross rental yield of 3.61%.
- Nearby schools include Killara Public School (0.7km away) and Killara High School (1.9km away), enhancing the property's appeal to families.
- The property is located in a desirable area with proximity to amenities and public transport.
*Data summarized from RP Data, CoreLogic

Suburb Data

suburb_profile_report-Killara-NSW-2071-250523140138087.pdf

- Strong population growth of 14.0% from 2011 to 2016 indicates a growing demand for housing.
- High median sales price of $4,050,000 and median house value of $3,840,567 reflect a stable, high-value property market.
- High percentage of owner-occupied homes (74.3%) suggests a stable community.
- Family-friendly suburb with a predominant age group of 10-19 years and households mainly consisting of couples with children.
- Well-serviced with 28 parks covering 20.3% of the area, enhancing appeal for families and outdoor activities.
- Upper quartile house price of $5,630,000 shows potential for high-end property investments.
- Active market with 102 new listings in the past 12 months.
- Consistent increase in median unit values from February 2020 to February 2025 indicates a positive growth trend.
- Low median vendor discount and median days on market for units suggest strong demand and competitive pricing.
- Median price for units is $1,200,000, with a lower quartile price of $890,000, offering a range of investment opportunities.
- Median asking rent for houses is approximately $1,450 per week, indicating strong rental demand.
- Indicative gross rental yield for houses is around 2.2%, reflecting potential rental income.
- Rental market shows strong demand with multiple listings for both houses and units, indicating healthy rental activity.
*Data summarized from RP Data, CoreLogic

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Finance Options

When you buy a property through PublicSquare, you can use any broker or lender of your choice. However, it's always good to get a second opinion. PublicSquare Lending work with all major bank, and non-bank, lenders, specialising in investor mortgages for brand new properties.

Investor Resources

For access to additional resources such as property and suburb reports, please register your interest in this property or speak with a publicSquare team member.

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PublicSquare's flagship Rent-to-Sell initiative offers you 50% more weekly cashflow, plus guaranteed annual capital appreciation for up to eight full years. The Rent-to-Sell initiative is exclusive to PublicSquare and cannot be found via any other platform.

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