Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Killara, Killara VIC 3691

$780,000 - $810,000

Search Band Search Visibility Band

$780k - $819k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 608 m²

Listed: 30th Jul 2026

Updated: 9 days ago

Overview

Located in the well-established suburb of Killara, this modern four-bedroom house presents an attractive opportunity especially for investors seeking a secure, long-term lease with Defence Housing Australia (DHA). The property is set on a substantial land parcel of approximately 608sqm, providing both immediate rental income and future versatility when the lease concludes in 2030.

The home’s design emphasizes comfort and practical living. The master bedroom, positioned at the front, features a spacious walk-in robe and an ensuite, offering privacy and convenience. The three additional bedrooms at the rear all include built-in wardrobes, supporting a functional family layout or accommodating multiple tenants.

Central to the home is a well-equipped kitchen with quality stainless steel appliances and a gas cooktop, complemented by a large walk-in butler’s pantry to enhance storage and meal preparation efficiency. The open-plan family and dining areas seamlessly extend to an outdoor entertaining space, enabling versatile indoor-outdoor living ideal for gatherings or quiet relaxation.

Low-maintenance backyard with a storage shed, facilitating easy upkeep.
Comfort is assured year-round with ducted gas heating and evaporative cooling installed throughout.
Additional features like ceiling fans in all bedrooms, security screens, and a double garage with internal access and remote door enhance livability and security.

The lease arrangement with DHA brings a reliable rental income stream, with rent reviewed periodically by an independent valuer and most maintenance expenses covered by DHA. This significantly reduces landlord responsibilities while guaranteeing on-time payments irrespective of tenant occupancy. Upon lease expiry, owners have the option to occupy, re-lease privately, or sell. This adds a layer of flexibility that appeals to both investors and prospective owner-occupiers preparing for future transition.

Killara’s proximity to military installations such as Latchford Barracks and Wadsworth Barracks increases the property’s attractiveness to defence personnel tenants, contributing to tenant demand and stable occupancy.

Overall, this property suits investors looking for a secure, hands-off investment with robust lease terms, and future homeowners who value a modern, practical family home with potential to occupy after 2030.

Local Market Insights

In Killara, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 23 during the previous 30-day period, with an average advertised asking price of $1,093,333. The property type mix of listed properties is predominantly Houses at 95%, followed by land (5%). The most active agency for houses in the Killara area is currently Elders Real Estate, representing 44% of new listings, followed by Wodonga Real Estate with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.