Suburb Profile Report for Kingsford NSW (2032)

Kingsford House: Median price $2,010,000, Annual capital growth 7.79%, Number of sales 69, Weekly median advertised rent $950

Kingsford Unit: Median price $793,500, Annual capital growth 5.44%, Number of sales 59, Weekly median advertised rent $580

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Kingsford, 2032 have given investors a capital gain of -4.74%. This compares averagely with the -4.28% for NSW as a whole.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kingsford, 2032. Typically our figures indicate that -6.78% is being offered, which puts this NSW suburb at 1568th most discounted overall in Australia.

Property investors should expect to get $950 weekly from the median priced house in this suburb.

Investment property in Kingsford has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.30%

A 18.43% growth in median value for property investors in Kingsford,2032 puts this suburb at number 257th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Kingsford should be aiming for at least -7.66% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Kingsford the average time real estate has been on the market is 66.8158 days.

A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 5.44%.

Metrics i HOUSE UNIT
$2,010,000 $793,500
-0.25% -1.28%
-4.74% -7.30%
7.79% 5.44%
$950 $580
69 59
2.46% 3.80%
98.2692307692308 66.8157894736842

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 14100
Median household income ($/weekly) 1227
Median age of persons 29
Median housing loan repayment ($/monthly) 2490
Average household size 2.6
  • Census Count Percent(%)
    20-24 years 2687 19.1
    25-34 years 2716 19.3
    35-44 years 1720 12.2
    45-54 years 1483 10.5
    55-64 years 1181 8.4
    Others 4314 30.6
    Age Group
    Census Count Percent(%)
    Not Married 6259 55.8
    Registered Married 4141 36.9
    Defacto Relationship 809 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5721 43.6
    Croatia 1990 15.2
    Iraq 720 5.5
    Malta 474 3.6
    Other 1197 9.1
    Others 3013 23.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 948 7.5
    Christianity 6864 54.0
    Islam 458 3.6
    Judaism 441 3.5
    No Religion 3758 29.6
    Others 247 1.9
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 394 8.6
    $400-$599 366 8.0
    $800-$999 365 8.0
    $1,500-$1,999 505 11.0
    $2,500-$2,999 390 8.5
    Others 2568 56.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4650 40.7
    Employed, worked full-time 3810 33.3
    Employed, worked part-time 1992 17.4
    Unemployed, looking for work 611 5.3
    Employed, away from work 372 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 670 10.8
    Professionals 2061 33.4
    Technicians & trades workers 572 9.3
    Community & personal service workers 588 9.5
    Clerical & administrative workers 972 15.7
    Others 1313 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 182 3.6
    Infants/Primary 727 14.4
    Secondary 566 11.2
    Technical or Further Educational Institution 302 6.0
    University or other Tertiary Institutions 3135 62.0
    Others 146 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5842 44.5
    Separate house 5590 42.6
    Semi-detached, row or terrace house, townhouse 1655 12.6
    House or flat attached to a shop, office 46 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2425 49.0
    Fully owned 1450 29.3
    Being purchased 1050 21.2
    Other tenure type 26 0.5
    Tenure Type
Census 2011, ABS
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