Suburb Profile Report for Kingsford NSW (2032)

Kingsford House: Median price $2,287,500, Annual capital growth 10.08%, Number of sales 58, Weekly median advertised rent $900

Kingsford Unit: Median price $835,000, Annual capital growth 6.97%, Number of sales 76, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kingsford has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.13%

The five-year average increase in median property values for Kingsford,2032 has given property investors a potential capital gain of 99.83% across each of those five years.

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 -9.33% is being offered, which puts this NSW suburb at 375th most discounted overall in Australia.

Using the current median advertised rental of $900 and the average annual increase in value of a median property of 10.08%, investors should hope to achieve an overall return of 2.05%

Property investors who have had real estate in Kingsford, 2032 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.28%

Comparing Kingsford,2032 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Kingsford is giving property investors an average Vendor Discount of around -6.83%. This puts suburb at number 38th in NSW when ranking the most discounted suburbs.

At number 410 in a list of fastest selling suburbs, Kingsford is in the TOP 30% of suburbs in Australia with an average of days on market 52.77 for properties listed there.

Situated 6.45km from the CBD, Kingsford is one of Randwick localities in the postcode 2032.

Metrics i HOUSE UNIT
$2,287,500 $835,000
-0.11% 2.45%
12.13% 3.28%
10.08% 6.97%
$900 $600
58 76
2.05% 3.74%
32.25 52.77

Source: CoreLogic

DSR Score for property investment : Good (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
Chart Table
Recent sales & rentals