Kingston is a well-established suburb in Tasmania within the Kingborough local government area (postcode 7050). With a population of 12,288, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Kingston is $740,000, having declined 4.5% over the past year. Units have a median price of $588,000 (-2% YoY). The current median weekly rent is $555. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,625.
Kingston is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 63 bus stops.
From an investment perspective, Kingston offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($740K/$750K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved -4.5% year-on-year.
Kingston is a well-established suburb in Tasmania within the Kingborough local government area (postcode 7050). With a population of 12,288, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Kingston is $740,000, having declined 4.5% over the past year. Units have a median price of $588,000 (-2% YoY). The current median weekly rent is $555. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,625.
Kingston is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 63 bus stops.
From an investment perspective, Kingston offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($740K/$750K). The price-to-income ratio of 9.4x is considered moderate. House prices have moved -4.5% year-on-year.