Killarney Heights
Investment Score
75
/100
AI Intelligence Summary
Killarney Heights is an established residential suburb on Sydney's Northern Beaches, characterized by its family-oriented community and proximity to natural amenities. Located approximately 20km northeast of Sydney CBD, the suburb offers residents a peaceful lifestyle with easy access to Narrabeen Lakes and coastal areas within 10 minutes. The housing stock predominantly consists of 1970s-1980s brick homes with some newer constructions, attracting families seeking the Northern Beaches lifestyle. The area is served by Killarney Heights Public School and benefits from nearby Forestway Shopping Centre. While primarily car-dependent with limited public transport options, the suburb maintains strong appeal due to its established nature, quality school catchments, and access to recreational facilities. The demographic profile shows higher than average household incomes with strong representation of professional workers. Property values have remained resilient due to the desirable location and limited new development opportunities, making it a stable choice for families and investors seeking Northern Beaches exposure.
Strengths
- •Prime Northern Beaches location with coastal access
- •Strong family-oriented community with quality school catchments
- •Proximity to Narrabeen Lakes and recreational facilities
- •Established suburb with mature infrastructure
Opportunities
- •Potential for home renovations and extensions
- •Growing demand for Northern Beaches lifestyle
- •Infrastructure improvements in broader region
- •Proximity to emerging Frenchs Forest commercial hub
Considerations
- •Limited public transport connectivity
- •Car dependency for most daily activities
- •Aging housing stock requiring maintenance
- •Limited new development opportunities
Property Market
$1.65M
+4.2% 1yr
$850K
+3.8% 1yr
$1.20M
$1,050/wk
$670/wk
42
1.8%
68.0%
Price Growth
| Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| House | +4.2% | +18.5% | +35.8% |
| Unit | +3.8% | +16.2% | +32.4% |
Rental Yields
House Yield
3.2%
Unit Yield
4.1%
Townhouse Yield
3.5%
Investment Scorecard
Demand/Supply Ratio: 1.80
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Killarney Heights at median house price
+8% surcharge
$1050/wk
Negatively geared
Reduces taxable income
~$850/week
Based on 7.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
Investor Quick Summary
Entry cost (stamp duty)
$73,140
After-tax yield
1.95%
Weekly holding cost
$850/wk
10yr CGT (est.)
$304,838
Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.
Demographics
3,200
42
$95K
per annum
68.0%
52.0%
48.0%
3.2%
35.0%
Dwelling Mix
Lifestyle & Community
8
6
1
20.0 km
Nearest Station: Chatswood Station
Suburban family lifestyle with access to recreational facilities, parks, lakes, and beaches. Strong community spirit with local school involvement and outdoor recreation focus.
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Data sourced from multiple sources. Last updated 27 March 2026.