Suburb Profile Report for Kings Beach QLD (4551)

Kings Beach House: Median price $617,500, Annual capital growth -5.00%, Number of sales 11, Weekly median advertised rent $383

Kings Beach Unit: Median price $375,000, Annual capital growth -0.97%, Number of sales 194, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -5.00% for the last year, Kings Beach, 4551 is the 3462th highest performer in Australia in this respect.

Over the longer term, Kings Beach has seen property prices show investors a 0.16% return over the last 3 years. This is worse than over the last 12 months

A $382.5 per week rent on the median house gives suburb investors a gross yield of circa 3.22%, without taking into account capital value appreciation, which has been averaging out at -5.00%.

Over the last year, property investments in Kings Beach, 4551 have given investors a capital gain of -2.60%. This compares badly with the 1.12% for QLD as a whole.

If we look at median property appreciation over just the last three months, Kings Beach has given property investors a paper return of 1.08%. This puts Suburb as 114 on a list of fastest fasting appreciating suburbs in QLD

Kings Beach4551 is located in QLD which offers an average discount of -6.00% to property investors. Kings Beach itself is showing figures that indicate -5.81% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Kings Beach the average time real estate has been on the market is 93.17 days.

With the median price for a house in Kings Beach being $375000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.71%

HOUSE UNIT
$617,500 $375,000
-14.83% 1.08%
-5.00% -2.60%
-5.00% -0.97%
$383 $340
11 194
3.22% 4.71%
N/A 93.17

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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Recent sales & rentals