Suburb Profile Report for Kingston Beach TAS (7050)

Kingston Beach House: Median price $760,000, Annual capital growth 8.20%, Number of sales 26, Weekly median advertised rent $450

Kingston Beach Unit: Median price $453,500, Annual capital growth 11.84%, Number of sales 15, Weekly median advertised rent $370

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

TAS has seen average median house prices change by 11.04% which means that Kingston Beach, 7050 has done well for property investors by showing a capital gain of 42.72% over the last year

Taking the average capital gain, or increase in median house value, Kingston Beach,7050 has racked up an average of 42.72% over the period. This ranks it number 50th in the whole country for real estate investors looking at median house price increases.

Residents and property investors in Kingston Beach have been waiting around 18.63 days to sell a property.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 8.20%, investors should hope to achieve an overall return of 3.08%

Property value increases in Kingston Beach have tracked just higher than the TAS average of 7.81% over the last 12 months.

If we look at median property appreciation over just the last three months, Kingston Beach has given property investors a paper return of -11.43%. This puts Suburb as 63 on a list of fastest fasting appreciating suburbs in TAS

Situated 11.08km from the CBD, Kingston Beach is one of Kingborough (M) localities in the postcode 7050.

Metrics i HOUSE UNIT
$760,000 $453,500
5.92% -11.43%
42.72% 12.32%
8.20% 11.84%
$450 $370
26 15
3.08% 4.24%
18.63 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : 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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