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Suburb spotlight on: Killara
Where 212 properties sold in the last 12 months
The value in the Upper North Shore suburb of Killara has increased exponentially over recent years. In fact, Domain data shows that the median house price has increased from around $1.4 million in 2012, to where it sits today at $2.5 million.
Let’s look at the top market share positions today. Savills holds the highest share at 14 per cent. Century 21 comes in second position with 10 per cent, followed closely by Richardson & Wrench with 9 per cent. McGrath rounds out the top four with 6 per cent market share.
With 77 per cent of residents owner occupiers and nearly 40 per cent of sales over the past year achieving a price over $2 million, there’s no doubt that Killara can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Killara is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.