Powered by MOMENTUM MEDIA
AREA REPORTS

Kingston

ACT/
Kingston

Suburb Profile

Kingston - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2604

house
unit

Property investments in KINGSTON fare well against the rest of the country last year, registering a median home price increase of 24.39%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KINGSTON, 2604 saw average growth in the long term.

Real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $637,500.

KINGSTON ranks 5th on the list of best yielding suburbs for rental properties in ACT, posting a 5.06% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $637,500 $495,000
GROWTH REPORT
Median Quarterly 19.16% -5.53%
Median 12 month 24.39% -1%
Median 3 years N/A -9.07%
Median 5 years -44.1% -4.8%
10 years average annual 10.88% 1.86%
Weekly media advert. rent $620 $525
Time on Market 0.0 days 82.1 days
Gross Rental Yield Percent 5.06% 5.52%
demographics (median values)
Total Population
2453
Weekly Household Income
1824
Household Size
1.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sean Hughes

ASIC bans short-term lending model

The corporate regulator has used its product intervention powers to prohibit a model of short-term lending, which, it has found, causes “s...

PROPERTY SHOWCASE: A property management alternative and a special offer

Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...

Brisbane

Property market update: Brisbane, August 2019

Brisbane, along with Melbourne, has recently replaced Sydney as the “bell of the property ball”. Find out how investors can maximise wea...

Shane Oliver

Analysts brush off return to ‘boom time conditions’

The rebound in housing market conditions will be “far more constrained” than recent data has suggested, according to analysts. ...

APRA

APRA reports rise in share of high-LVR mortgages

The overall share of new home loans approved with an LVR of over 80 per cent has increased, according to the latest APRA data.   ...

Phil White

Supply and demand ‘imbalance’ to trigger nationwide price boost

A misalignment of supply and demand is set to spur property price growth of up to 20 per cent in the coming years, according to new research...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.