Suburb Profile Report for Kingston TAS (7050)

Kingston House: Median price $618,000, Annual capital growth 5.78%, Number of sales 151, Weekly median advertised rent $495

Kingston Unit: Median price $450,000, Annual capital growth 4.14%, Number of sales 61, Weekly median advertised rent $420

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Giving property investors a an average capital gain of 14.44% for the last year, Kingston, 7050 is the 1753th highest performer in Australia in this respect.

While Kingston,7050 ranked number 84th in TAS for increase in median house value (annualised) increase, it is ranked 90th over the last 5 years.

The most recent median price for Kingston is $618000, with sellers offering an average of -6.12% off the asking price.

At number 84 in a list of fastest selling suburbs, Kingston is in the TOP 10% of suburbs in Australia with an average of days on market 22.7672 for properties listed there.

Property investors who have had real estate in Kingston, 7050 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.14%

Kingston,7050 was ranked 863 in Australia by increase in median property value over the quarter.

Metrics	HOUSE	UNIT
Median price	$618,000	$450,000
Quarterly growth	4.57%	2.27%
12-month growth	14.44%	7.14%
Average Annual Growth	5.78%	4.14%
Weekly median advertised rent	$495	$420
Number of sales	151	61
Gross rental yield	4.17%	4.85%
Days on market	22.7672413793104	17.4666666666667

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

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Demographics

Total population	9759
Median household income ($/weekly)	1117
Median age of persons	36
Median housing loan repayment ($/monthly)	1560
Average household size	2.5

Census	Count	Percent(%)
5-14 years	1314	13.5
25-34 years	1341	13.7
35-44 years	1242	12.7
45-54 years	1215	12.4
55-64 years	1152	11.8
Others	3496	35.8

Age Group

Census	Count	Percent(%)
Registered Married	3489	49.5
Not Married	2849	40.4
Defacto Relationship	711	10.1

Social Marital Status

Census	Count	Percent(%)
Australia	7696	81.8
New Zealand	137	1.5
South Africa	102	1.1
United Kingdom	608	6.5
Other	272	2.9
Others	594	6.3

Country of Birth

Census	Count	Percent(%)
Buddhism	79	0.9
Christianity	5998	67.0
Islam	43	0.5
Other Religious Groups	44	0.5
No Religion	2729	30.5
Others	53	0.6

Religious Affiliation

Census	Count	Percent(%)
$400-$599	418	12.2
$600-$799	367	10.7
$1,000-$1,249	314	9.1
$1,500-$1,999	488	14.2
$2,000-$2,499	363	10.6
Others	1489	43.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	2686	36.1
Employed, worked full-time	2643	35.6
Employed, worked part-time	1608	21.6
Employed, away from work	249	3.4
Unemployed, looking for work	246	3.3

Person Characteristics

Census	Count	Percent(%)
Managers	538	12.0
Professionals	980	21.8
Technicians & trades workers	639	14.2
Clerical & administrative workers	876	19.5
Sales	484	10.8
Others	984	21.9

Occupation

Census	Count	Percent(%)
Pre-school	105	4.5
Infants/Primary	952	40.8
Secondary	607	26.0
Technical or Further Educational Institution	236	10.1
University or other Tertiary Institutions	365	15.7
Others	67	2.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	8007	86.8
Flat, unit or apartment	692	7.5
Semi-detached, row or terrace house, townhouse	513	5.6
House or flat attached to a shop, office	14	0.2
Caravan, cabin, houseboat	0	0.0
Others	0	0.0