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Amanda Sheppeard
Killara’s run of success, which landed it on the national top 10 list of strongest price growth suburbs for 2020, is showing no signs of slowing.
On Saturday, a stunning c1920 Arts and Crafts estate on 1429sqm in the Killara suburb, topped the upper north shore’s sales results, selling under the hammer for a whopping $7.1 million.
The result was well over the guide of $6.25 million to $6.75 million.
The result was well over the guide of $6.25 million to $6.75 million.
A-grade, east-side quality character homes in this area are highly sought-after and don’t last long.
The depth of demand from purchasers is phenomenal.
The latest realestate.com.au’s Market Trends report reveals Killara’s median house price has grown by an impressive 27 per cent in the past three months and 22 per cent in the past 12 months.
Latest data from realestate.com.au’s Market Trends Report shows this demand is continuing to push prices up in Killara.
The median house sale price now sits at $3.3 million, which represents a three-month growth of 27 per cent and a 12-month growth of 22 per cent.
Sale stock is still tight – according to realestate.com.au there are just 22 houses on the open market.