Killarney Heights is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2087). With a population of 4,502, the suburb has an established demographic with a median age of 43. Households earn a median income of $178K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Killarney Heights is $2.8 million, having surged 11.1% over the past year. Units have a median price of $894,000 (+156.5% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,500.
Killarney Heights is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 15 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Killarney Heights offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved +11.1% year-on-year.
Killarney Heights is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2087). With a population of 4,502, the suburb has an established demographic with a median age of 43. Households earn a median income of $178K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Killarney Heights is $2.8 million, having surged 11.1% over the past year. Units have a median price of $894,000 (+156.5% YoY). The current median weekly rent is $840. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,500.
Killarney Heights is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 15 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Killarney Heights offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved +11.1% year-on-year.