Suburb Profile Report for Kingston Beach TAS (7050)

Kingston Beach House: Median price $626,000, Annual capital growth 5.89%, Number of sales 35, Weekly median advertised rent $505

  • 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

Over the last year, property investments in Kingston Beach, 7050 have given investors a capital gain of -7.26%. This compares very badly with the 6.96% for TAS as a whole.

If we look at median property appreciation over just the last three months, Kingston Beach has given property investors a paper return of -6.22%. This puts Suburb as 186 on a list of fastest fasting appreciating suburbs in TAS

LACK OF BUYER INTEREST may well be the reason that Kingston Beach is offering property investors an average of -5.65. This rate of discount on properties puts Suburb at number 93th in terms of most discounted suburbs in TAS

The TAS suburb of Kingston Beach, 7050 is in the Kingborough (M) local government area.

Metrics i HOUSE UNIT
$626,000 N/A
-6.22% N/A
-7.26% N/A
5.89% N/A
$505 N/A
35 N/A
4.19% N/A
31.6206896551724 N/A

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 : Very good (H), Good (U)
Find a mortgage broker in Kingston Beach TAS
Demographics
Total population 2005
Median household income ($/weekly) 1097
Median age of persons 45
Median housing loan repayment ($/monthly) 1500
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 240 12.0
    35-44 years 243 12.1
    45-54 years 281 14.0
    55-64 years 314 15.7
    65-74 years 219 10.9
    Others 707 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 785 51.3
    Not Married 592 38.7
    Defacto Relationship 153 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1501 77.9
    New Zealand 50 2.6
    Papua New Guinea 32 1.7
    United Kingdom 173 9.0
    Other 41 2.1
    Others 130 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.5
    Christianity 1136 61.4
    Islam 4 0.2
    Other Religious Groups 14 0.8
    No Religion 681 36.8
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 10.4
    $600-$799 85 11.4
    $800-$999 86 11.5
    $1,500-$1,999 96 12.8
    $2,000-$2,499 74 9.9
    Others 329 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 637 39.4
    Employed, worked full-time 543 33.6
    Employed, worked part-time 337 20.8
    Employed, away from work 55 3.4
    Unemployed, looking for work 46 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 126 13.5
    Professionals 326 34.8
    Technicians & trades workers 93 9.9
    Community & personal service workers 96 10.3
    Clerical & administrative workers 133 14.2
    Others 162 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 12 2.6
    Infants/Primary 182 39.6
    Secondary 121 26.3
    Technical or Further Educational Institution 41 8.9
    University or other Tertiary Institutions 96 20.9
    Others 8 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1716 90.9
    Flat, unit or apartment 144 7.6
    Semi-detached, row or terrace house, townhouse 28 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 370 45.4
    Rented 221 27.1
    Being purchased 219 26.9
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
Chart Table