Located in New South Wales within the Uralla local government area, Kingstown is a small, quiet locality (postcode 2358). With a population of 62, the suburb has a blend of families and working-age professionals with a median age of 32. Households earn a median income of $59K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, community & personal service, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Scottish.
The median house price in Kingstown is $104,000, broadly unchanged over the past year. The current median weekly rent is $452. This gives a gross rental yield of approximately 22.5%. The median monthly mortgage repayment is $813.
Kingstown is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Uralla LGA is below average at 2,613 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 22.5%, which reads as high yield. Property prices sit below the state median ($104K/$1.5M), which can point to relative value. The price-to-income ratio of 1.8x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.