Kingston is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2604). With a population of 6,579, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $128K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kingston is $1.9 million, having dropped significantly 23.1% over the past year. Units have a median price of $685,000 (+4.1% YoY). The median weekly rent is $510 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,950.
Public transport access includes 8 rail stations, 14 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,782 incidents per 100,000 population.
From an investment perspective, Kingston offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($1.9M/$1.0M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -23.1% year-on-year.
Kingston is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2604). With a population of 6,579, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $128K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kingston is $1.9 million, having dropped significantly 23.1% over the past year. Units have a median price of $685,000 (+4.1% YoY). The median weekly rent is $510 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,950.
Public transport access includes 8 rail stations, 14 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,782 incidents per 100,000 population.
From an investment perspective, Kingston offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($1.9M/$1.0M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -23.1% year-on-year.