Suburb Profile Report for South Kingsville VIC (3015)

South Kingsville House: Median price $892,500, Annual capital growth 8.65%, Number of sales 34, Weekly median advertised rent $495

South Kingsville Unit: Median price $530,250, Annual capital growth 8.35%, Number of sales 18, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in South Kingsville have tracked higher than the VIC average of 8.96% over the last 12 months.

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

South Kingsville3015 is located in VIC which offers an average discount of -5.87% to property investors. South Kingsville itself is showing figures that indicate -9.35% is the average achievable by property buyers investing in the suburb.

South Kingsville, 3015’s gross rental yield is 2.88%

VIC has seen average median house prices change by 4.26% which means that South Kingsville, 3015 has done well for property investors by showing a capital gain of 1.58% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, South Kingsville comes in at number 63th in VIC.

Property investors should expect to get $340 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$892,500 $530,250
0.85% -4.89%
17.28% 1.58%
8.65% 8.35%
$495 $340
34 18
2.88% 3.33%
95.18 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1829
Median household income ($/weekly) 1272
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 169 9.2
    25-34 years 398 21.8
    35-44 years 335 18.3
    45-54 years 236 12.9
    55-64 years 172 9.4
    Others 519 28.4
    Age Group
    Census Count Percent(%)
    Not Married 639 45.4
    Registered Married 611 43.4
    Defacto Relationship 159 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1203 69.3
    Indonesia 43 2.5
    Papua New Guinea 41 2.4
    United Kingdom 70 4.0
    Other 118 6.8
    Others 261 15.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 55 3.3
    Christianity 995 60.0
    Hinduism 42 2.5
    Islam 122 7.4
    No Religion 430 26.0
    Others 13 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 74 10.3
    $800-$999 66 9.2
    $1,500-$1,999 83 11.6
    $2,000-$2,499 67 9.4
    $2,500-$2,999 67 9.4
    Others 359 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 661 46.4
    Not in the labour force 412 28.9
    Employed, worked part-time 244 17.1
    Employed, away from work 61 4.3
    Unemployed, looking for work 48 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 12.2
    Professionals 254 26.2
    Technicians & trades workers 116 12.0
    Community & personal service workers 83 8.6
    Clerical & administrative workers 177 18.3
    Others 221 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 37 10.2
    Infants/Primary 108 29.8
    Secondary 71 19.6
    Technical or Further Educational Institution 35 9.6
    University or other Tertiary Institutions 99 27.3
    Others 13 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 897 51.5
    Semi-detached, row or terrace house, townhouse 532 30.5
    Flat, unit or apartment 306 17.6
    House or flat attached to a shop, office 7 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 321 41.5
    Being purchased 254 32.9
    Fully owned 189 24.5
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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