Suburb Profile Report for Kingston ACT (2604)

Kingston House: Median price $1,327,500, Annual capital growth 30.82%, Number of sales 14, Weekly median advertised rent $683

Kingston Unit: Median price $551,666, Annual capital growth 2.44%, Number of sales 197, Weekly median advertised rent $530

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

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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Across a shorter period, Kingston, 2604 has seen a median price increase of 33.69% over the last quarter.

Kingston, 2604’s gross rental yield is 2.67%

Property investors who have had real estate in Kingston, 2604 should be pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.86%

Taking the average capital gain, or increase in median house value, Kingston,2604 has racked up an average of 10.86% over the period. This ranks it number 423th in the whole country for real estate investors looking at median house price increases.

At number 23th of ACT’s most discounted properties, Kingston is in the TOP 30% of the state/territory when listing in order of most discounted to least.

In the last year 197 properties changed hands in Kingston, which puts it as the 2nd most active market in ACT when comparing the number of sales per suburb.

Situated 4.37km from the CBD, Kingston is one of Unincorporated ACT localities in the postcode 2604.

Information supplied by:




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Kingston, ACT – Unit supply is up

Postcode: 2604

Median unit price: $535,000

Stock on market: 65.4%

12-month growth: -3.1%

Home to a locally famous weekend market, the suburb of Kingston is beloved for its local produce. It is one of the oldest suburbs in Canberra.

Kingston began as a suburb for workers and public servants, but it has since become a bustling, modern spot with bars, restaurants and shops. The suburb is divided into the Kingston Shops area and a leafy, open space called Green Square, which is surrounded by cafes and is the ideal place for residents to converge. There are several parks as well, and the suburb is close to the beach.

The Old Bus Depot Markets houses an excellent collection of food, as well as local arts and crafts.

Metrics i HOUSE UNIT
$1,327,500 $551,666
33.69% -1.49%
N/A 10.86%
30.82% 2.44%
$683 $530
14 197
2.67% 5.00%
141.181818181818 83.5820895522388

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 2978
Median household income ($/weekly) 2502
Median age of persons 32
Median housing loan repayment ($/monthly) 2492
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 228 7.7
    25-34 years 1117 37.5
    35-44 years 449 15.1
    45-54 years 349 11.7
    55-64 years 298 10.0
    Others 537 18.0
    Age Group
    Census Count Percent(%)
    Not Married 1181 51.1
    Registered Married 701 30.3
    Defacto Relationship 431 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1963 72.8
    Indonesia 39 1.4
    Papua New Guinea 48 1.8
    United Kingdom 197 7.3
    Other 145 5.4
    Others 303 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 55 2.1
    Christianity 1384 53.5
    Hinduism 31 1.2
    Islam 24 0.9
    No Religion 1052 40.7
    Others 41 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 195 15.5
    $2,000-$2,499 128 10.2
    $2,500-$2,999 272 21.6
    $3,000-$3,499 161 12.8
    $4,000 or more 132 10.5
    Others 369 29.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1659 66.1
    Not in the labour force 406 16.2
    Employed, worked part-time 290 11.6
    Employed, away from work 110 4.4
    Unemployed, looking for work 44 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 428 20.7
    Professionals 939 45.5
    Technicians & trades workers 101 4.9
    Community & personal service workers 128 6.2
    Clerical & administrative workers 318 15.4
    Others 149 7.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 74 12.4
    Secondary 66 11.0
    Technical or Further Educational Institution 72 12.0
    University or other Tertiary Institutions 344 57.4
    Other type of educational institution 23 3.8
    Others 20 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2053 78.7
    Semi-detached, row or terrace house, townhouse 290 11.1
    Separate house 265 10.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 883 64.3
    Being purchased 287 20.9
    Fully owned 204 14.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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