Suburb Profile Report for Kings Beach QLD (4551)

Kings Beach House: Median price $633,750, Annual capital growth -0.06%, Number of sales 10, Weekly median advertised rent $393

Kings Beach Unit: Median price $396,500, Annual capital growth 0.00%, Number of sales 175, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Kings Beach have tracked lower than the QLD average of 2.46% over the last 12 months.

With the median price for a house in Kings Beach being $633750 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 3.22%

At number 626th in the list of Australian suburbs ordered by increase in median house value over the last year, Kings Beach, 4551 is in the top 40% with a property value increase of 7.16% recorded in median house prices.

Over the longer term, Kings Beach has seen property prices show investors a 8.63% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Kings Beach is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 185th in QLD when ranking the most discounted suburbs.

Residents and property investors in Kings Beach have been waiting around 91.33 days to sell a property.

With the median price for a house in Kings Beach being $396500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.59%

Metrics i HOUSE UNIT
$633,750 $396,500
N/A 2.99%
-15.50% 7.16%
-0.06% 0.00%
$393 $350
10 175
3.22% 4.59%
N/A 91.33

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 2528
Median household income ($/weekly) 823
Median age of persons 46
Median housing loan repayment ($/monthly) 1647
Average household size 1.8
  • Census Count Percent(%)
    25-34 years 339 13.4
    35-44 years 285 11.3
    45-54 years 358 14.2
    55-64 years 429 17.0
    65-74 years 345 13.6
    Others 772 30.5
    Age Group
    Census Count Percent(%)
    Not Married 936 50.1
    Registered Married 718 38.4
    Defacto Relationship 214 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1771 77.9
    Greece 28 1.2
    Papua New Guinea 145 6.4
    United Kingdom 149 6.6
    Other 70 3.1
    Others 109 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.6
    Christianity 1465 67.6
    Islam 8 0.4
    Other Religious Groups 8 0.4
    No Religion 648 29.9
    Others 5 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 107 9.9
    $400-$599 176 16.2
    $600-$799 153 14.1
    $800-$999 134 12.4
    $1,500-$1,999 102 9.4
    Others 413 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 785 39.3
    Employed, worked full-time 646 32.3
    Employed, worked part-time 413 20.7
    Unemployed, looking for work 96 4.8
    Employed, away from work 60 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 208 18.6
    Technicians & trades workers 177 15.8
    Clerical & administrative workers 144 12.9
    Sales 143 12.8
    Labourers 139 12.4
    Others 306 27.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 130 36.3
    Secondary 79 22.1
    Technical or Further Educational Institution 49 13.7
    University or other Tertiary Institutions 60 16.8
    Other type of educational institution 24 6.7
    Others 16 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1885 86.0
    Separate house 275 12.5
    Semi-detached, row or terrace house, townhouse 29 1.3
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 665 58.1
    Fully owned 317 27.7
    Being purchased 155 13.5
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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