Kirribilli is home to the Prime Minister and the Governor-General. It is a picturesque peninsula and is populated with apartments, town houses and homes. According to the 2016 Census, 3,800 people call Kirribilli home with professionals making up 48% of the population compared to that of 23% nationally. Lawyers and bankers are the most prominent professions. The median weekly income is $1,424 compared to the national average of $662.
Homes felt a drop in median values in 2017 wheres apartments barely felt the downward pressure, indicating that the professionals who desire to live in this exclusive enclave are still striving to do so. Home sales have been slow moving to sell with an average of 149 days on market and rentals move relatively quickly with 23 days on market.
Kirribilli is a strong investment suburbs as there is demand from high paid professionals to live in the suburb. The lucky apartments that have one of the most spectacular views in Sydney of the Bridge and Opera House will always be worth a lot of money to someone. Especially overseas investors looking for that postcard view they had always seen on TV/the internet.