Suburb Profile Report for Kingswood SA (5062)

Kingswood House: Median price $945,000, Annual capital growth 2.65%, Number of sales 25, Weekly median advertised rent $450

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

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

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SA has seen average median house prices change by 1.79% which means that Kingswood, 5062 has done well for property investors by showing a capital gain of 0.21% over the last year

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

Often selling an investment property can take time, and in Kingswood the average time real estate has been on the market is 38.5 days.

Kingswood is 375th on a list of best yielding suburbs for rents in SA with a 2.48% return

Information supplied by:


May 2018

M
O

W
E

Units inch upward

Postcode: 5062

Median unit price: $388,500

Three-year growth: 0.3%

Rental yield: 4.3%

Roughly a 15-minute drive south of the Adelaide CBD, the suburb of Kingswood is a low-priced suburb that has been recording steady growth for the five years leading up to February 2018.

Units come in at a median price of only $389,000 following a 9.4% rise in values. Investors can reap rental yields at an average of 4.3% given a weekly rent rate of $320. Apartments typically spend less than 60 days on the market.

Kingswood is highly accessible as it is bordered by several roads, namely, Belair Road, Cross Road, Princes Road and Smith Dorrien Street. It also has two schools – Mitcham Primary School and Mitcham Girls High School. Buses to the city depart from Stop 12 at Harrow Terrace.

Metrics i HOUSE UNIT
$945,000 N/A
5.59% N/A
0.21% N/A
2.65% N/A
$450 N/A
25 N/A
2.48% N/A
38.5 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2354
Median household income ($/weekly) 1351
Median age of persons 44
Median housing loan repayment ($/monthly) 1746
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 286 12.1
    25-34 years 196 8.3
    35-44 years 278 11.8
    45-54 years 349 14.8
    55-64 years 321 13.6
    Others 924 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 888 52.4
    Not Married 708 41.8
    Defacto Relationship 99 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1849 80.7
    Croatia 37 1.6
    Japan 35 1.5
    United Kingdom 131 5.7
    Other 54 2.4
    Others 184 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.3
    Christianity 1473 68.3
    Hinduism 15 0.7
    Other Religious Groups 14 0.6
    No Religion 618 28.7
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 11.1
    $800-$999 70 8.9
    $1,000-$1,249 63 8.0
    $1,500-$1,999 79 10.1
    $2,500-$2,999 82 10.4
    Others 405 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 721 37.9
    Employed, worked full-time 656 34.5
    Employed, worked part-time 400 21.1
    Employed, away from work 67 3.5
    Unemployed, looking for work 56 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 188 16.7
    Professionals 411 36.5
    Community & personal service workers 106 9.4
    Clerical & administrative workers 151 13.4
    Sales 99 8.8
    Others 171 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 3.3
    Infants/Primary 219 35.7
    Secondary 151 24.6
    Technical or Further Educational Institution 32 5.2
    University or other Tertiary Institutions 178 29.0
    Others 13 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1675 79.2
    Flat, unit or apartment 242 11.4
    Semi-detached, row or terrace house, townhouse 195 9.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 362 41.9
    Being purchased 283 32.8
    Rented 195 22.6
    Other tenure type 23 2.7
    Tenure Type
Census 2011, ABS
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