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Kiara

POSTAL CODE: WA, 6054
HOUSE

Property investments in KIARA fare well against the rest of the country last year, registering a median home price increase of 25.93%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KIARA, 6054 saw average growth in the long term.

Real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 19.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $850,000.

KIARA ranks 214th on the list of best yielding suburbs for rental properties in WA, posting a 4.28% return.

Surburb overview

Kiara is a suburb of Perth, Western Australia. It is approximately 11 kilometres northeast of Perth's central business district and 8 kilometres from Midland. It is located within the City of Swan local government area. 

As of the 2011 census, Kiara had a population of 1,793 residents. The predominant age group in Kiara is 50-59 years. Households in Kiara are primarily couples with children and are likely to repay $1,800 - $2,399 monthly on mortgage repayments. In general, people in Kiara work in a trades occupation. In 2011, 77.4% of the homes in Kiara were owner-occupied, compared with 77.8% in 2016. 

The suburb predominantly features separate houses. As of November 2024, the median house price in Kiara is approximately $685,000, reflecting a 28% annual growth rate. Rental prices have also increased, with a median rent of $590 per week for a 3-bedroom house. 

Kiara is home to Kiara College, an independent public co-educational high day school established in 1974. The school offers specialist programs in agriculture and basketball. 

The suburb offers several parks and green spaces, providing residents with venues for outdoor activities and community events. 

Public transportation in Kiara includes bus services connecting Morley Bus Station and Beechboro, serving Wheatstone Drive, Aussat Drive, Bottlebrush Drive, and Altone Road. 

Kiara's combination of suburban tranquillity, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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