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Kingaroy, QLD 4610

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kingaroy, QLD 4610 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Kingaroy, QLD 4610”

  1. The total adult population (15 years or older) of Kingaroy 4610 QLD is 8,219, with a median age of 38. Of those, 42.39% are married, 14.03% are divorced or separated, 36.60% are single and 6.95% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,124. The median monthly mortgage repayment for households in this suburb is $1,200 which is 19.60% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Kingaroy, postcode 4610, is situated in sunny Queensland and hosts an estimated 5,768 households. As we moved into the third quarter of 2023, the property market in the area presents an interesting landscape with significant potential for both property investors and buyers.

    Typical house prices in Kingaroy currently stand at AUD 378,289 and the median weekly rent circles around AUD 375, thereby producing an indicative yield of approximately 5.15%. Considering that yields above 3% mark the minimum attractive market requirement for cashflow-centred property investors, Kingaroy appears to be heading into a favourable direction.

    The area flaunts an IRSAD score of 901 out of a possible 1217, thus indicating a moderately pleasant socio-economic standing of the local population. Generally, a high IRSAD score is indicative of a well-off society allowing for better economic opportunities.

    In terms of renter to owner ratio, Kingaroy sits at 37%, which consequently infers a substantial balance between home owners and renters. However, as an investor, always aim for areas with lower ratios to reduce competition with other rental properties.

    Furthermore, unit to house ratio comes in at a low 5%, tipping the scale in favour of houses. This is generally a favourable sign for investors as markets oversaturated with units can risk potential price drops and heightened competition amongst landlords.

    The affordability index for the area positions itself at 24 years, maintaining a comfortable cushion under the standard 30-year mortgage period. Subsequently, the property market in this postcode acknowledges a healthy affordability amongst residents.

    Our supply metrics indicate that the stock on market percentage for houses sits at a neutral range of 0.51%, with an inventory supply resting at a favourable 1.4 months. The building approvals ratio is low at 0.19%, implying a low rate of new residential constructions approved in the last 12 months—another favourable sign indicating low supply.

    The average days on market for houses are approximately 87 days which falls into low demand. However, a low vacancy rate of 0.75% and a Rent search index of 3 balance the scales indicating neutral demand.

    While there’s an abundance of metrics to consider and the process to gauge market viability might seem complex, Kingaroy with its unique metrics presents an attractive investment opportunity. Up-to-date insights like our RCS (Relative Composite Score) are effective tools that simplify this process by utilising over 80 metrics to help you make informed decisions in the property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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