SOLD

$788,000 - Killara, Ku-ring-gai, NSW

bed2 shower2 directions_car 1 resize112 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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Location (approximate)

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Investment Opportunity

<p>Located in the heart of leafy Killara, this investment property offers a compelling blend of convenience and potential. Positioned in a sought-after area of Ku-ring-gai, NSW, this modern apartment is perfect for those interested in the <a href="https://www.publicsquare.com.au/investors/products/rent-to-sell-homes">Rent-to-Sell</a> market, providing an easy, low-maintenance lifestyle with significant capital growth prospects. Prospective investors will appreciate its proximity to public transport, schools, and vibrant dining options.<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>With a total home size of 112 sqm, the property is conveniently set on the 1st floor with secure lift access. Featuring an open-plan living-dining area that seamlessly connects to an enclosed balcony, it offers expansive living space. The apartment includes two bedrooms with built-in robes, and the master benefits from an ensuite.<ul><li>1st-floor security apartment with lift access, 112 sqm on title</li><li>Large open plan living-dining opens to winter garden/enclosed balcony</li><li>2 bedrooms, built-in robes, master with ensuite</li><li>Kitchen with stainless steel European appliances and stone benches</li><li>Modern bathroom, internal laundry, ducted air conditioning</li><li>Internal access to car space in secure basement with huge, caged storage</li><li>Walk to Killara station, Killara High School & Killara Public catchment</li></ul></p><p>Designed with practicality in mind, the kitchen showcases stainless steel European appliances and stone benches, ensuring a setup that supports both style and function. The property includes a modern bathroom, internal laundry, ducted air conditioning, and secure basement parking with ample storage, truly supporting a straightforward, investor-friendly package. Get ahead in your property portfolio by capitalizing on this fantastic opportunity. For all astute investors, now is the time to register your interest in this property.&nbsp;<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: Not specified*

- The property at 19/573-585 Pacific Highway, Killara, NSW 2071 is a unit built in 2013, featuring 2 bedrooms, 2 bathrooms, and 1 car space, with a total area of 81m².
- Estimated value as of 19 May 2025 is $865,000, with a range between $770,000 and $960,000.
- Recent comparable sales include:
- A unit at 10/6-8 Culworth Avenue sold for $865,000 on 09/05/2025 after 93 days on the market.
- A unit at 13/42-48 Culworth Avenue sold for $952,000 on 02/04/2025 after 72 days on the market.
- The property was last sold on 30 April 2013 for $680,000.
- 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.
- Median days on market for properties in Killara is 54 days, with a median vendor discount of 5.55% in 2025.
- Median weekly asking rent for units in Killara is $800, with an indicative gross rental yield of 3.61%.
- The property is located in a desirable area with a strong market, as indicated by recent sales of similar properties nearby.
*Data summarized from RP Data, CoreLogic

Suburb Data

**suburb_profile_report-Killara-NSW-2071-250523140138087.pdf**

- Killara is a green and spacious suburb with 28 parks covering 20.3% of its 4.6 square kilometers.
- The population grew by 14.0% from 2011 to 2016, indicating rising housing demand.
- The area is affluent, with a high proportion of professional workers and primarily couples with children.
- The median house price is $4,050,000, reflecting its status as a premium suburb.
- High owner-occupier rate of 74.3% suggests a stable residential community.
- Strong property market with a high median house value of $3,840,567 and 2,296 dwellings.
- Upper quartile house price is $5,630,000, indicating potential for high-value investments.
- Competitive market environment with properties often listed for auction.
- Median unit price is $1,200,000, with a 12.5% increase in median value from February 2021 to February 2023, showing strong capital growth potential.
- Low median days on market for units and a median vendor discount of -1.2% indicate strong demand.
- Median asking rent for houses is $1,450 per week, with a gross rental yield of 2.2%.
- Diverse rental market with prices ranging from $750 to $1,900 per week for houses.
- Median asking rent for units is stable, with a gross rental yield of 3.7%, suggesting steady returns.
*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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