Suburb Profile Report for Kingston Beach TAS (7050)

Kingston Beach House: Median price $630,000, Annual capital growth 5.93%, Number of sales 40, Weekly median advertised rent $550

Kingston Beach Unit: Median price $412,500, Annual capital growth 7.53%, Number of sales 13, Weekly median advertised rent $400

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

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

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Kingston Beach, 7050 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -9.35%.

If we look at median property appreciation over just the last three months, Kingston Beach has given property investors a paper return of -3.15%. This puts Suburb as 174 on a list of fastest fasting appreciating suburbs in TAS

Property investors should expect to get $550 weekly from the median priced house in this suburb.

TAS has seen average median house prices change by 5.99% which means that Kingston Beach, 7050 has done well for property investors by showing a capital gain of -6.25% over the last year

Kingston Beach,7050 has offered an average of -6.25% return per annum in house price rises to property investors over the last three years.

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

Metrics i HOUSE UNIT
$630,000 $412,500
-3.15% N/A
-9.35% -6.25%
5.93% 7.53%
$550 $400
40 13
4.54% 5.04%
31.3333333333333 N/A

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

DSR Score for property investment : Very good (H), Good (U)
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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
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