Kingsford is a well-established suburb in New South Wales within the Randwick local government area (postcode 2032). With a population of 13,492, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $98K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Kingsford is $2.1 million, having dropped significantly 28.5% over the past year. Units have a median price of $1.2 million (+27.9% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Public transport access includes 2 tram stops, 36 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Kingsford offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -28.5% year-on-year.
Kingsford is a well-established suburb in New South Wales within the Randwick local government area (postcode 2032). With a population of 13,492, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $98K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Kingsford is $2.1 million, having dropped significantly 28.5% over the past year. Units have a median price of $1.2 million (+27.9% YoY). The current median weekly rent is $842. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Public transport access includes 2 tram stops, 36 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Kingsford offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.4x is considered stretched. House prices have moved -28.5% year-on-year.