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Kirribilli

NSW 2061LGA: North Sydney Council

Investment Score

82

/100

AI Intelligence Summary

Kirribilli is one of Sydney's most prestigious harbourside suburbs, located on the lower North Shore just 3km from the CBD. This small, densely developed suburb is renowned for its prime harbour frontage, proximity to the Harbour Bridge, and stunning views of Sydney Harbour and the Opera House. The area is predominantly apartment-based with limited house stock, making it highly sought after by affluent professionals and executives. Kirribilli offers an exceptional lifestyle with easy access to ferry services, Luna Park, harbourside parks, and the iconic Harbour Bridge walkway. The suburb commands premium property prices due to its unbeatable location, heritage character, and limited supply. With excellent transport links via Milsons Point station and ferry services, residents enjoy a quick commute to the CBD while living in one of Sydney's most desirable waterfront locations. The community is sophisticated and well-educated, with a strong proportion of professionals and overseas-born residents from English-speaking countries.

Strengths

  • Prime harbourside location with world-class views of Sydney Harbour and Opera House
  • Excellent transport connectivity via train and ferry services to CBD
  • Walking distance to iconic Sydney landmarks including Harbour Bridge and Luna Park
  • High-quality apartment stock with many heritage-listed buildings

Opportunities

  • Heritage apartment renovations and luxury developments
  • Short-term rental market due to tourist appeal
  • Premium rental market for corporate executives
  • Boutique retail and hospitality ventures

Considerations

  • Extremely high property prices limiting affordability for many buyers
  • Limited parking availability due to dense development
  • Minimal retail and dining options within the immediate suburb
  • High strata fees and maintenance costs for apartment living

Property Market

Median House

$4.80M

+8.5% 1yr

Median Unit

$1.65M

+6.8% 1yr

Rent (House)

$2,600/wk

Rent (Unit)

$1,350/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.0%+35.0%
Unit+6.8%+18.5%+28.0%

Rental Yields

House Yield

2.8%

Unit Yield

4.2%

Investment Scorecard

Overall Investment Score82/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 2.30

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Kirribilli at median house price

Standard transfer
$263,850
First Home Buyer
$263,850
Foreign buyer surcharge
$384,000

+8% surcharge

Annual rent income
$135,200

$2600/wk

Interest (80% LVR @ 6.5%)
-$249,600
Other expenses (~2.5%)
-$120,000
Net rental position
-$234,400

Negatively geared

Tax benefit (39% MTR)
+$91,416

Reduces taxable income

After-tax holding cost
$142,984/yr

~$2,750/week

Based on 7.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$6.73M
Capital gain
$1.64M
After discount
$822,199
CGT payable
$320,658

10-Year Hold

Est. value
$9.44M
Capital gain
$4.35M
After discount
$2.18M
CGT payable
$849,123

Investor Quick Summary

Entry cost (stamp duty)

$263,850

After-tax yield

1.71%

Weekly holding cost

$2750/wk

10yr CGT (est.)

$849,123

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

Population

3,200

Median Age

42

Median Income

$145K

per annum

Family Households

45.0%

Professionals

58.0%

University Educated

68.0%

Unemployment

3.2%

Born Overseas

42.0%

Dwelling Mix

Houses: 15%Units: 82%Townhouses: 3%Total: 1,850

Lifestyle & Community

Walkability85/100
Public Transport9/10
Schools Rating7/10
Safety9/10
Family Friendly7/10
Cafes & Restaurants

12

Parks

6

Hospitals

2

Distance to CBD

3.2 km

Nearest Station: Milsons Point

Premium harbourside living with access to harbour walks, ferry commuting, fine dining, cultural attractions, and iconic Sydney landmarks within walking distance.

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Data sourced from multiple sources. Last updated 27 March 2026.

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