Suburb Profile Report for Kings Park NSW (2148)

Kings Park House: Median price $712,000, Annual capital growth 7.14%, Number of sales 62, Weekly median advertised rent $468

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Kings Park is in the bottom 40% in NSW when comparing median price capital growth over the last year. Kings Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.94%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kings Park has increased when compared to the 5 year average annual rate.

The most recent median price for Kings Park is $712000, with sellers offering an average of -4.49% off the asking price.

Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 7.14%, investors should hope to achieve an overall return of 3.41%

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Kings Park is one of the smaller suburbs within the Blacktown area, and is one of Western Sydney’s best served suburbs for transport. Nearby suburb Kings Langley is much larger, but with an average asking price of about $120,000 more.

“Kings Park feeds largely off of the popularity of Kings Langley, quite an affluent suburb that’s hard to get into. When buyers can’t get in there, they often choose Kings Park, which offers a similar deal, but at a much more affordable price,” says Brett Watkins, a senior sales consultant at Century 21-Quakers Hill.

Full summary

Kings Park is one of the smaller suburbs within the Blacktown area, and is one of Western Sydney’s best served suburbs for transport. Nearby suburb Kings Langley is much larger, but with an average asking price of about $120,000 more. 

“Kings Park feeds largely off of the popularity of Kings Langley, quite an affluent suburb that’s hard to get into. When buyers can’t get in there, they often choose Kings Park, which offers a similar deal, but at a much more affordable price,” says Brett Watkins, a senior sales consultant at Century 21-Quakers Hill. 

Best street(s):   Any of the streets off of where Harvey Road meets the Marayong Station.

Close
Metrics i HOUSE UNIT
$712,000 N/A
1.71% N/A
3.94% N/A
7.14% N/A
$468 N/A
62 N/A
3.41% N/A
55.63 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3347
Median household income ($/weekly) 1641
Median age of persons 33
Median housing loan repayment ($/monthly) 2175
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 419 12.5
    25-34 years 691 20.6
    35-44 years 519 15.5
    45-54 years 371 11.1
    55-64 years 400 11.9
    Others 948 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 1404 56.1
    Not Married 855 34.2
    Defacto Relationship 244 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2379 73.0
    Papua New Guinea 82 2.5
    Philippines 77 2.4
    United Kingdom 144 4.4
    Other 139 4.3
    Others 438 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 2.3
    Christianity 2449 77.2
    Islam 73 2.3
    Other Religious Groups 41 1.3
    No Religion 500 15.8
    Others 35 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 109 10.0
    $1,250-$1,499 96 8.8
    $1,500-$1,999 195 17.8
    $2,000-$2,499 162 14.8
    $2,500-$2,999 103 9.4
    Others 430 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1337 52.8
    Not in the labour force 620 24.5
    Employed, worked part-time 424 16.7
    Employed, away from work 77 3.0
    Unemployed, looking for work 74 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 9.7
    Professionals 326 17.8
    Technicians & trades workers 295 16.1
    Clerical & administrative workers 383 20.9
    Machinery operators & drivers 177 9.6
    Others 476 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 94 11.8
    Infants/Primary 287 36.1
    Secondary 180 22.7
    Technical or Further Educational Institution 96 12.1
    University or other Tertiary Institutions 113 14.2
    Others 24 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3135 95.6
    Semi-detached, row or terrace house, townhouse 146 4.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 602 52.3
    Fully owned 331 28.7
    Rented 215 18.7
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals