Suburb Profile Report for Kings Beach QLD (4551)

Kings Beach House: Median price $800,000, Annual capital growth 23.08%, Number of sales 11, Weekly median advertised rent $375

Kings Beach Unit: Median price $372,000, Annual capital growth 0.04%, Number of sales 175, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kings Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.08%

A $375 per week rent on the median house gives suburb investors a gross yield of circa 2.44%, without taking into account capital value appreciation, which has been averaging out at 23.08%.

Kings Beach is in the bottom 30% in QLD when comparing median price capital growth over the last year. Kings Beach gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.46%.

The five-year average increase in median property values for Kings Beach,4551 has given property investors a potential capital gain of -9.27% across each of those five years.

Our latest figures would indicate that property sellers in Kings Beach are currently offering property investors an average price cut of -5.92% below the asking price at the moment.

Kings Beach, 4551’s gross rental yield is 4.75%

HOUSE UNIT
$800,000 $372,000
N/A -0.80%
23.08% -5.46%
23.08% 0.04%
$375 $340
11 175
2.44% 4.75%
N/A 97.01

Source: CoreLogic

DSR Score for property investment : Above average (U), Above 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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