Suburb Profile Report for Kingswood SA (5062)

Kingswood House: Median price $950,000, Annual capital growth 7.07%, Number of sales 29, Weekly median advertised rent $480

Kingswood Unit: Median price $360,000, Annual capital growth 6.50%, Number of sales 21, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Kingswood has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 7.95% to date .

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

At number 29th of SA’s most discounted properties, Kingswood is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 3378 in a list of fastest selling suburbs, Kingswood is in the bottom 20% of suburbs in Australia with an average of days on market 131.3 for properties listed there.

With the median price for a house in Kingswood being $950000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 2.63%

Over the last year, property investments in Kingswood, 5062 have given investors a capital gain of 9.82%. This compares favourably with the 3.64% for SA as a whole.

Across a shorter period, Kingswood, 5062 has seen a median price increase of 4.96% over the last quarter.

Sellers are offering property buyers an average discount of -6.96% to buyers in Kingswood at the moment, which is less than average for the rest of SA.

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

Metrics i HOUSE UNIT
$950,000 $360,000
-5.00% 4.96%
7.95% 9.82%
7.07% 6.50%
$480 $310
29 21
2.63% 4.48%
131.3 91.2

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2354
Median household income ($/weekly) 1351
Median age of persons 44
Median housing loan repayment ($/monthly) 1746
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 286 12.1
    25-34 years 196 8.3
    35-44 years 278 11.8
    45-54 years 349 14.8
    55-64 years 321 13.6
    Others 924 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 888 52.4
    Not Married 708 41.8
    Defacto Relationship 99 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1849 80.7
    Croatia 37 1.6
    Japan 35 1.5
    United Kingdom 131 5.7
    Other 54 2.4
    Others 184 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.3
    Christianity 1473 68.3
    Hinduism 15 0.7
    Other Religious Groups 14 0.6
    No Religion 618 28.7
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 11.1
    $800-$999 70 8.9
    $1,000-$1,249 63 8.0
    $1,500-$1,999 79 10.1
    $2,500-$2,999 82 10.4
    Others 405 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 721 37.9
    Employed, worked full-time 656 34.5
    Employed, worked part-time 400 21.1
    Employed, away from work 67 3.5
    Unemployed, looking for work 56 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 188 16.7
    Professionals 411 36.5
    Community & personal service workers 106 9.4
    Clerical & administrative workers 151 13.4
    Sales 99 8.8
    Others 171 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 3.3
    Infants/Primary 219 35.7
    Secondary 151 24.6
    Technical or Further Educational Institution 32 5.2
    University or other Tertiary Institutions 178 29.0
    Others 13 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1675 79.2
    Flat, unit or apartment 242 11.4
    Semi-detached, row or terrace house, townhouse 195 9.2
    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(%)
    Fully owned 362 41.9
    Being purchased 283 32.8
    Rented 195 22.6
    Other tenure type 23 2.7
    Tenure Type
Census 2011, ABS
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