Kingston Beach is a smaller suburb in Tasmania within the Kingborough local government area (postcode 7050). With a population of 2,305, the suburb has a mature demographic with a median age of 47. Households earn a median income of $79K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Kingston Beach is $915,000, having increased 4.3% over the past year. Units have a median price of $622,000 (-9.3% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,577.
Public transport access includes 21 bus stops.
From an investment perspective, Kingston Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($915K/$750K). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +4.3% year-on-year.
Kingston Beach is a smaller suburb in Tasmania within the Kingborough local government area (postcode 7050). With a population of 2,305, the suburb has a mature demographic with a median age of 47. Households earn a median income of $79K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Kingston Beach is $915,000, having increased 4.3% over the past year. Units have a median price of $622,000 (-9.3% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,577.
Public transport access includes 21 bus stops.
From an investment perspective, Kingston Beach offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($915K/$750K). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +4.3% year-on-year.