Suburb Profile Report for Kingston TAS (7050)

Kingston House: Median price $528,500, Annual capital growth 3.90%, Number of sales 187, Weekly median advertised rent $500

Kingston Unit: Median price $399,250, Annual capital growth 3.46%, Number of sales 88, Weekly median advertised rent $395

  • 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

With a capital gain of 2.62% for the last 12 months, Kingston, 7050 has performed for property investments than its average annual 3.90% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Kingston comes in at number 74th in TAS.

The most recent median price for Kingston is $528500, with sellers offering an average of -4.67% off the asking price.

At number 219 in a list of fastest selling suburbs, Kingston is in the TOP 10% of suburbs in Australia with an average of days on market 43.5735 for properties listed there.

Kingston is 82th on a list of best yielding suburbs for rents in TAS with a 4.92% return

TAS has seen average median house prices change by 5.99% which means that Kingston, 7050 has done well for property investors by showing a capital gain of 6.04% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingston has increased when compared to the 5 year average annual rate.

At number 11th of TAS’s most discounted properties, Kingston is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Kingston, 7050’s gross rental yield is 5.14%

Metrics i HOUSE UNIT
$528,500 $399,250
1.63% -0.19%
2.62% 6.04%
3.90% 3.46%
$500 $395
187 88
4.92% 5.14%
43.5735294117647 47.8333333333333

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 : Good (H), Very good (U)
Find a mortgage broker in Kingston TAS
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
Chart Table