Suburb Profile Report for Kingston TAS (7050)

Kingston House: Median price $430,000, Annual capital growth 3.72%, Number of sales 165, Weekly median advertised rent $380

Kingston Unit: Median price $334,000, Annual capital growth 2.66%, Number of sales 98, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 10.26% for the last year, Kingston, 7050 is the 1632th highest performer in Australia in this respect.

Across a shorter period, Kingston, 7050 has seen a median price increase of 2.38% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Kingston is offering property investors an average of -3.68. This rate of discount on properties puts Suburb at number 9th in terms of most discounted suburbs in TAS

In the last year 165 properties changed hands in Kingston, which puts it as the 3rd most active market in TAS when comparing the number of sales per suburb.

Situated 10.93km from the CBD, Kingston is one of Kingborough localities in the postcode 7050.

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 6.03%

Kingston,7050 was ranked 773 in Australia by increase in median property value over the quarter.

Kingston7050 is located in TAS which offers an average discount of -2.76% to property investors. Kingston itself is showing figures that indicate -2.76% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $340 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$430,000 $334,000
2.38% 1.21%
10.26% 6.03%
3.72% 2.66%
$380 $340
165 98
4.60% 5.29%
4.76 25.91

Source: CoreLogic

DSR Score for property investment : Excellent (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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1408 38.4
    Fully owned 1182 32.2
    Rented 1055 28.8
    Other tenure type 23 0.6
    Tenure Type
Census 2011, ABS
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