Suburb Profile Report for Kingston Beach TAS (7050)

Kingston Beach House: Median price $455,000, Annual capital growth 3.44%, Number of sales 36, Weekly median advertised rent $380

Kingston Beach Unit: Median price $313,500, Annual capital growth 2.01%, Number of sales 11, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

TAS has seen average median house prices change by 3.25% which means that Kingston Beach, 7050 has done well for property investors by showing a capital gain of 1.45% over the last year

Kingston Beach,7050 has offered an average of 1.45% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Kingston Beach is giving property investors an average Vendor Discount of around -3.99%. This puts suburb at number 149th in TAS when ranking the most discounted suburbs.

Kingston Beach, 7050’s gross rental yield is 4.34%

With a capital gain of 18.30% for the last 12 months, Kingston Beach, 7050 has performed for property investments than its average annual 2.01% property growth over the last 5 years.

A 1.13% growth in median value for property investors in Kingston Beach,7050 puts this suburb at number 24th in terms of best performing suburbs in TAS

Advertised rents are around the $285 mark per week – giving a return of 4.73% based on the median price in Suburb

HOUSE UNIT
$455,000 $313,500
1.11% 1.13%
1.45% 18.30%
3.44% 2.01%
$380 $285
36 11
4.34% 4.73%
45.68 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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