Suburb Profile Report for Kingston Beach TAS (7050)

Kingston Beach House: Median price $480,000, Annual capital growth 3.29%, Number of sales 38, Weekly median advertised rent $383

Kingston Beach Unit: Median price $367,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.23% for the last year, Kingston Beach, 7050 is the 2319th highest performer in Australia in this respect.

The five-year average increase in median property values for Kingston Beach,7050 has given property investors a potential capital gain of 14.29% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in Kingston Beach itself are offering an average vendor discount of -5.26% to real estate investors.

In the last year 38 properties changed hands in Kingston Beach, which puts it as the 72th most active market in TAS when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4590 per annum or $382.5 every week.

When looking at the potential capital gains offered to property investors over the last 3 years, Kingston Beach comes in at number 1st in TAS.

Kingston Beach, 7050’s gross rental yield is 4.04%

HOUSE UNIT
$480,000 $367,000
N/A 16.51%
3.23% N/A
3.29% N/A
$383 $285
38 15
4.14% 4.04%
75.8 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2005
Median household income ($/weekly) 1097
Median age of persons 45
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 240 12.0
    35-44 years 243 12.1
    45-54 years 281 14.0
    55-64 years 314 15.7
    65-74 years 219 10.9
    Others 707 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 785 51.3
    Not Married 592 38.7
    Defacto Relationship 153 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1501 77.9
    New Zealand 50 2.6
    Papua New Guinea 32 1.7
    United Kingdom 173 9.0
    Other 41 2.1
    Others 130 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.5
    Christianity 1136 61.4
    Islam 4 0.2
    Other Religious Groups 14 0.8
    No Religion 681 36.8
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 10.4
    $600-$799 85 11.4
    $800-$999 86 11.5
    $1,500-$1,999 96 12.8
    $2,000-$2,499 74 9.9
    Others 329 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 637 39.4
    Employed, worked full-time 543 33.6
    Employed, worked part-time 337 20.8
    Employed, away from work 55 3.4
    Unemployed, looking for work 46 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 126 13.5
    Professionals 326 34.8
    Technicians & trades workers 93 9.9
    Community & personal service workers 96 10.3
    Clerical & administrative workers 133 14.2
    Others 162 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 12 2.6
    Infants/Primary 182 39.6
    Secondary 121 26.3
    Technical or Further Educational Institution 41 8.9
    University or other Tertiary Institutions 96 20.9
    Others 8 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1716 90.9
    Flat, unit or apartment 144 7.6
    Semi-detached, row or terrace house, townhouse 28 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 370 45.4
    Rented 221 27.1
    Being purchased 219 26.9
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals