Suburb Profile Report for Kingswood SA (5062)

Kingswood House: Median price $900,000, Annual capital growth 6.64%, Number of sales 29, Weekly median advertised rent $480

Kingswood Unit: Median price $382,500, Annual capital growth 7.12%, 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

If you compare the increase in value of investment property in Kingswood, 5062 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 3.45%.

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.

Property buyers and investors in Kingswood 5062 should be seeing an average reduction in asking price of around -8.13% . This means that Kingswood is holding prices well when compared to other suburbs in SA.

Kingswood is 385th on a list of best yielding suburbs for rents in SA with a 2.77% return

Over the last year, property investments in Kingswood, 5062 have given investors a capital gain of 12.87%. This compares favourably with the 3.81% for SA as a whole.

If we look at median property appreciation over just the last three months, Kingswood has given property investors a paper return of 6.25%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in SA

LACK OF BUYER INTEREST may well be the reason that Kingswood is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in SA

The SA suburb of Kingswood, 5062 is in the Mitcham local government area.

Metrics i HOUSE UNIT
$900,000 $382,500
-10.18% 6.25%
3.45% 12.87%
6.64% 7.12%
$480 $310
29 21
2.77% 4.21%
127.41 81.75

Source: CoreLogic

DSR Score for property investment : Above average (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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