Kings Park is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 3,476, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $114K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Kings Park is $1.4 million, having surged 12% over the past year. Units have a median price of $956,000 (-15.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,300.
Public transport access includes 21 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Kings Park offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +12.0% year-on-year.
Kings Park is a smaller suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 3,476, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $114K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Kings Park is $1.4 million, having surged 12% over the past year. Units have a median price of $956,000 (-15.2% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,300.
Public transport access includes 21 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Kings Park offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +12.0% year-on-year.