AREA REPORTS

Kings Beach

Suburb Profile

Kings Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4551

house
unit

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $975,000.

The upward trend in home prices in KINGS BEACH, 4551 averaged 13.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $410 mark, reflecting a 2.19% increase in returns based on the current median price in KINGS BEACH.

An average of 0.83 real estate transactions take place per month in KINGS BEACH which translates to 10 per annum.

10 properties were sold in KINGS BEACH in 2016, making it the 927th most active market in QLD based on total real estate transactions.

KINGS BEACH, 4551 places 170th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $975,000 $425,000
GROWTH REPORT
Median Quarterly 2.63% 3.66%
Median 12 month N/A 8.97%
Median 3 years 40.29% 8.28%
Median 5 years N/A 24.09%
10 years average annual N/A -0.02%
Weekly media advert. rent $410 $350
Time on Market 0.0 days 78.2 days
Gross Rental Yield Percent 2.19% 4.28%
demographics (median values)
Total Population
2192
Weekly Household Income
757.2
Household Size
1.80
demographics
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