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2 Killara Avenue
Killara NSW 2071

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Prime Development Opportunity – R3 Zoning for Medium-Density Residential

Setting across 912 sqm approx. north to rear block, the property at 2 Killara Avenue presents an exceptional opportunity for developers, offering a prime location in Killara’s prestigious Upper North Shore with R3 zoning for medium-density residential development. This unique site is ideal for those looking to create a boutique residential project in a highly desirable suburb that combines tranquil living with excellent connectivity.
Located just 700 meters approximately from Killara Train Station, this property ensures future residents will have easy access to Sydney’s CBD in under 30 minutes. The station’s direct connections to key hubs like Chatswood and Macquarie make it particularly appealing to commuters and professionals.
Additionally, the property’s location benefits are further enhanced by its proximity to local shopping centres. Lindfield Village is just 900m approx. away, offering supermarkets, cafes, and retail shops and Chatswood, the North Shore’s Business District, only approximately 4km away and offering an abundance of conveniences.
The existing 5-bed, 3-bath, 2-car home offers an expansive living space to suit family needs and can provide a decent rental income before construction commences.
With its R3 zoning, the site is primed for medium-density development, allowing for the construction of townhouses or boutique apartment complexes. The combination of prime location, excellent transport links, proximity to top schools, and lifestyle amenities makes 2 Killara Avenue an outstanding development opportunity with strong market demand and long-term growth potential.
DISCLAIMER: All information contained herein is gathered from sources that we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. This information is not to be used in formalising any decision nor used by a third party without the expressed written permission of LJ Hooker Gordon.

Property Details for 2 Killara Ave, Killara

2 Killara Ave, Killara is a 5 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker Gordon.

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House

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About Killara 2071

The size of Killara is approximately 4.6 square kilometres. It has 28 parks covering nearly 20.3% of total area. The population of Killara in 2011 was 9,284 people. By 2016 the population was 10,582 showing a population growth of 14.0% in the area during that time. The predominant age group in Killara is 10-19 years. Households in Killara are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Killara work in a professional occupation. In 2011, 77.3% of the homes in Killara were owner-occupied compared with 74.3% in 2016.

Killara has 4,439 properties. Over the last 5 years, Houses in Killara have seen a 37.44% increase in median value, while Units have seen a 16.96% increase. As at 30 November 2024:

  • The median value for Houses in Killara is $3,814,171 while the median value for Units is $1,153,389.
  • Houses have a median rent of $1,350 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 9 properties listed for rent in Killara on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Killara.

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