Kingsville

POSTAL CODE: VIC, 3012
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Property investors enjoyed capital gains of 8.09% over the last 12 months in KINGSVILLE, translating to lower returns compared with its peers in VIC.

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

This number can mean, real estate investors could earn a rental income of $605 based on current median home prices for the suburb.

On average, rents on listings have reached the $605 mark, reflecting a 2.59% increase in returns based on the current median price in KINGSVILLE.

KINGSVILLE, 3012 ranks 145th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 493rd on the list of best yielding suburbs for rental properties in VIC, posting a 2.59% return.

Surburb overview

Kingsville, postcode 3012, is an inner suburb approximately 7 kilometres west of Melbourne's Central Business District (CBD).  According to the 2021 census, it has a population of 3,920 residents.  The suburb is characterised by a diverse demographic, including young professionals, families, and retirees, with a median age of 35.  Most of the population comprises couples with children, reflecting a family-friendly environment. 

Public transportation in Kingsville is well-developed, offering residents convenient access to various parts of Melbourne. The suburb is serviced by multiple train stations within a 1-kilometre radius, including Yarraville, Seddon, and West Footscray stations, facilitating easy travel to and from the CBD and surrounding areas.  Additionally, several bus routes operate through Kingsville, providing further connectivity options. 

Kingsville has various essential establishments, including educational institutions, healthcare facilities, and shopping centres. The suburb boasts a variety of cafes, restaurants, and boutique shops, contributing to a vibrant local economy.  The presence of parks and recreational facilities enhances the quality of life for residents, offering spaces for leisure and community activities. 

Recreational activities are abundant in Kingsville, with numerous parks and green spaces available for public use. The picturesque Cruickshank Park provides walking, picnicking, and outdoor sports opportunities.  Additionally, the suburb's proximity to the Maribyrnong River offers residents access to walking and cycling trails, catering to active individuals seeking to maintain a healthy lifestyle. 

Kingsville's blend of urban convenience and community-oriented living makes it a desirable location for a diverse range of residents. 

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