King Island, TAS

The property market on King Island is quite small, but has been growing steadily in recent years. There is currently a shortage of properties available for sale, which is driving prices up.

The island is a popular tourist destination, and this is helping to boost the economy. There is a new airport on the island, which is expected to further increase tourism and property prices.

Managers 25.5 %, Labourers 23.4 %, Technicians and Trades Workers 11.9 %, Clerical and Administrative Workers 8.7 %, and Professionals 8.4 % are the most frequent jobs on King Island. In King Island, the typical weekly personal income for people aged 15 and above is $707.

Separate homes account for 91.6 % of occupied private residences on King Island, 5.4 % for semi-detached, row or terrace houses, townhouses, etc., 0.5 % for flats or apartments, and 0.5 % for other housing.



Capital Growth Heatmap

Property Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

Sign up on the Starter Plan for 95¢

Subscribe to our newsletter and receive a $5 discount code to your verified email

No data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Starter Plan to see U|H and R|O data.
unit to houses pie charts
Renters to owners pie chart
Upgrade to Starter Plan to see IRSAD data.
IRSAD chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in King Island, TAS

Suburbs/localities in this Local Government Area: Currie 7256, Egg Lagoon 7256, Grassy 7256, Loorana 7256, Lymwood 7256, Naracoopa 7256, Nugara 7256, Pearshape 7256, Pegarah 7256, Reekara 7256, Sea Elephant 7256, Surprise Bay 7256, Wickham 7256, Yambacoona 7256, Yarra Creek 7256, Bungaree 7256