Suburb Profile Report for Kingswood SA (5062)

Kingswood House: Median price $950,000, Annual capital growth 6.79%, Number of sales 31, Weekly median advertised rent $495

Kingswood Unit: Median price $360,000, Annual capital growth 6.77%, 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

With a capital gain of 7.34% for the last 12 months, Kingswood, 5062 has performed for property investments than its average annual 6.79% property growth over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingswood, 5062. Typically our figures indicate that -8.40% is being offered, which puts this SA suburb at 691th most discounted overall in Australia.

Situated 5.04km from the CBD, Kingswood is one of Mitcham localities in the postcode 5062.

Investment property in Kingswood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%

The five-year average increase in median property values for Kingswood,5062 has given property investors a potential capital gain of 2.27% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingswood, 5062. Typically our figures indicate that -6.74% is being offered, which puts this SA suburb at 312th most discounted overall in Australia.

Residents and property investors in Kingswood have been waiting around 85.08 days to sell a property.

With the median price for a house in Kingswood being $360000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.48%

HOUSE UNIT
$950,000 $360,000
N/A 4.96%
7.34% 0.00%
6.79% 6.77%
$495 $310
31 21
2.71% 4.48%
153 85.08

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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Recent sales & rentals