Suburb Profile Report for Kingscliff NSW (2487)

Kingscliff House: Median price $1,037,500, Annual capital growth 5.58%, Number of sales 127, Weekly median advertised rent $670

Kingscliff Unit: Median price $523,750, Annual capital growth 4.11%, Number of sales 115, Weekly median advertised rent $480

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

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

  • House Report
  • Unit Report

Kingscliff is in the TOP 10% in NSW when comparing median price capital growth over the last year. Kingscliff gave property investors a very good capital gain figure when compared to the rest of the state, with 13.95%.

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

Property buyers and investors in Kingscliff 2487 should be seeing an average reduction in asking price of around -7.20% . This means that Kingscliff is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.

Using the current median advertised rental of $670 and the average annual increase in value of a median property of 5.58%, investors should hope to achieve an overall return of 3.36%

Kingscliff, 2487 ranked 196th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kingscliff is one of 3163 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Kingscliff comes in at number 88th in NSW.

LACK OF BUYER INTEREST may well be the reason that Kingscliff is offering property investors an average of -6.83. This rate of discount on properties puts Suburb at number 329th in terms of most discounted suburbs in NSW

A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 4.11%.

Metrics i HOUSE UNIT
$1,037,500 $523,750
3.18% 4.91%
13.95% -3.01%
5.58% 4.11%
$670 $480
127 115
3.36% 4.77%
88.0555555555556 85.5555555555556

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

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 6392
Median household income ($/weekly) 908
Median age of persons 46
Median housing loan repayment ($/monthly) 2037
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 771 12.1
    35-44 years 786 12.3
    45-54 years 983 15.4
    55-64 years 825 12.9
    65-74 years 683 10.7
    Others 2344 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 2268 49.0
    Not Married 1947 42.1
    Defacto Relationship 413 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5109 85.6
    Papua New Guinea 173 2.9
    South Africa 30 0.5
    United Kingdom 379 6.3
    Other 81 1.4
    Others 198 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 1.2
    Christianity 4255 73.7
    Hinduism 18 0.3
    Other Religious Groups 21 0.4
    No Religion 1406 24.3
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 360 15.8
    $600-$799 286 12.6
    $800-$999 255 11.2
    $1,000-$1,249 212 9.3
    $1,500-$1,999 239 10.5
    Others 926 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2115 43.2
    Employed, worked full-time 1391 28.4
    Employed, worked part-time 1006 20.5
    Unemployed, looking for work 213 4.3
    Employed, away from work 176 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 574 22.3
    Technicians & trades workers 361 14.0
    Community & personal service workers 308 12.0
    Clerical & administrative workers 345 13.4
    Sales 301 11.7
    Others 681 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 76 5.5
    Infants/Primary 517 37.5
    Secondary 423 30.7
    Technical or Further Educational Institution 153 11.1
    University or other Tertiary Institutions 185 13.4
    Others 25 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3800 65.2
    Flat, unit or apartment 1032 17.7
    Semi-detached, row or terrace house, townhouse 973 16.7
    Caravan, cabin, houseboat 13 0.2
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 988 39.9
    Rented 929 37.5
    Being purchased 543 21.9
    Other tenure type 15 0.6
    Tenure Type
Census 2011, ABS
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