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Killara suburb profile

Killara is an established Upper North Shore suburb characterised by tree-lined streets and generous blocks of land hosting Federation and Californian bungalow homes with mature gardens, giving it a quietly residential, family-oriented feel. A compact village around Killara railway station offers cafés, boutique shops and everyday services, while small pockets of apartments sit closer to the main road. The suburb borders bush reserves and valley parkland, providing walking trails and riverside green space, and residents value the leafy setting, local schools and convenient rail and road links to the wider city.

Killara property market performance

Current median dwelling price$2,340,000Past 3 months

Property growth-2.3%Past 12 months

The median house price is $3.52 million, with house values falling a solid 5.6% over the last 12 months. The median unit price is $1.16 million, with unit values edging up a marginal 0.9% over the last 12 months, so units outperformed houses over the year.

Over the last 3 months there were 13 house sales and 31 unit sales. Over the last 12 months houses had a median days on market of 51 and units 44, so they sold in a similar time.

The rental market in Killara recorded average rents over the last 12 months of $1,600 for houses and $800 for units. House rents rose a modest 3.2% over the last 12 months.

HousesUnits
Median price
Past 3 months
$3.52M$1.16M
Change in value
Past 12 months
-5.6%0.9%
Sold
Past 3 months
1331
Median days on market
Past 12 months
5144
Average rent
Past 12 months
$1600$800
Change in rent
Past 12 months
3.2%N/A

5 year median price trend for houses and units

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Killara demographics

Killara is a community of 10,620 people with a median age of 42. The typical household has a median income of $2,802 a week, roughly $145,700 a year.

Among families, couple families with children are the largest group at 53.8%, and together with couple families without children (31.8%) they make up about 85.6% of families. One-parent families account for 13.4% and other families 1.1%.

In Killara most homes are owner-occupied: 40.6% are owned outright and 33.2% are owned with a mortgage, a combined 73.8% owner-occupied, while renters make up 26.2% of dwellings.

Killara infrastructure, key developments and investment opportunities

Killara is the focus of several public projects around its train station and local centre. Transport for NSW has a Killara station upgrade project with community notifications published in 2023 and construction and weekend works recorded in subsequent Sydney Trains notices. Ku-ring-gai Council is preparing a Draft Killara Public Domain Plan for the local centre (covering Marian Street, Selkirk Park, Regimental Park and Killara Park) and sought feedback in a Phase 1 exhibition running from 21 August to 18 September 2026.

On education and community facilities, Killara Public School’s upgrade was completed in October 2018, delivering new flexible learning spaces and a sports court. Council documents also list the Marian Street Theatre renewal as a proposed project that is currently unfunded, and the council has rolled out kerbside EV charging locations in several Killara streets including Bruce Avenue, Lorne Avenue, Marian Street and Buckingham Road.

Suburbs near Killara

Some popular suburbs near Killara include:

How does Killara compare to nearby suburbs?

  • Median house prices: Killara’s median house price is 10.0% higher than Gordon’s.
  • Median unit prices: Killara’s median unit price is 5.5% higher than Lindfield’s.
  • House price growth: Over the past 12 months, house prices in Killara have grown 1.0% higher than in East Killara.
  • Unit price growth: Over the past 12 months, unit prices in Killara have grown 7.6% higher than in Lindfield.
  • Selling speed for houses: Properties in Killara are selling 34.6% faster than in Lindfield.
  • Selling speed for units: Properties in Killara are selling 18.5% faster than in Lindfield.
  • Investment considerations: In Killara, the rental yield for house is 74.1% higher than the Sydney average, while the rental yield for units is 1.8% higher.
  • House price growth: Over the past 12 months, house prices in Killara have grown 103.2% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Killara have grown 27.8% higher than the average rate of growth for units across Sydney.

Common questions about Killara

  • Is Killara a nice place to live?

    Killara is an established Upper North Shore suburb with tree-lined streets, generous blocks and mature gardens around Federation and Californian bungalow homes, giving it a quietly residential, family-oriented feel. It is home to about 10,620 people with a median age of 42, and the community is weighted towards couple families with children. Most dwellings are owner-occupied, which contributes to an established, settled character.

    The suburb has a compact village around Killara railway station with cafés, boutique shops and everyday services, while small pockets of apartments sit nearer the main road. Killara borders bush reserves and valley parkland with walking trails and riverside green space, and residents value the local schools and convenient rail and road links. Local projects include a station upgrade, a council public domain plan for the village, kerbside EV charging on several streets, and a completed upgrade to Killara Public School; a proposed Marian Street Theatre renewal is currently unfunded. Whether Killara suits you depends on whether you want an established, leafy suburb with local shops and rail access.

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  • Is it expensive to live in Killara?

    Buying in Killara sits well above what local households earned at the last Census. The median house price of $3,520,000 is about 24.2 times a typical local household's annual income at the last Census (weekly income $2,802 × 52). The median unit price of $1,160,000 is about 8.0 times that same annual income, so both purchase prices are well above local incomes on these figures. For renters, a house at $1,600 a week would take roughly 57.1% of a typical local household's weekly income at the last Census, a large share, while a unit at $800 a week would take about 28.6%, a moderate share.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is Killara a good place to invest?

    Over the past 12 months the picture for Killara is mixed. House values fell 5.6% while unit values edged up 0.9%. House rents rose a modest 3.2%, so for houses the rent a property earns moved in the opposite direction to its price over the year.

    For someone weighing Killara as an investment, those figures mean house owners saw lower capital value but slightly higher rental income over the year, while units recorded only marginal value growth. Whether that pattern suits your goals and circumstances is for you to decide.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Killara

There are 77 real estate agents in Killara, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 31.7% of all sales in the past year.

Commission rates in Killara typically range from 1.72% to 2.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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