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Kingston Beach, TAS 7050

Home » TAS Real Estate Data » Kingborough Council, TAS » Kingston Beach, TAS 7050

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 Kingston Beach, TAS 7050 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

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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 “Kingston Beach, TAS 7050”

  1. The total adult population (15 years or older) of Kingston Beach 7050 TAS is 1,995, with a median age of 47. Of those, 47.62% are married, 12.93% are divorced or separated, 32.68% are single and 6.52% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,960. The median monthly mortgage repayment for households in this suburb is $1,577 which is 19.81% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Tasmania, the appealing suburb of Kingston Beach, posing postcode 7050, is estimated to be home to around 1072 households. As we roll into Q3 of 2023, the housing landscape in this region is evidently prosperous with typical house prices reaching an admirable average of $980,063.

    To further illustrate the lucrative nature of Kingston Beach, it’s essential to consider factors like rental returns. Property owners in the area are enjoying median weekly rent amounts of $615, which translates into a desirable indicative yield of 3.26%, significantly above the cash-flow centred property investors’ minimum market requirement of 3%.

    The suburb scored an impressive 1041 out of a possible 1217 on the IRSAD index, signifying a prosperous socio-economic status for the locale’s population. Moreover, it boasts a superb renter-to-owner ratio of 25%, indicating a healthy owner-occupied rate and lessors’ diminished competition. This ratio is favourably below the 30% benchmark which signals saturated markets where returns may potentially be lower and riskier over the long term.

    When it comes to housing type distribution in Kingston Beach, the units to houses ratio is a mere 13%, making the suburb a predominantly housing neighbourhood, which is more likely to attract longer tenant periods and maintain higher rental yields.

    However, with an affordability index of 48 years for homeownership, the area leans on the less affordable side, appearing unfavourable on the surface but may offer premium property appeal.

    Supply metrics show a stock on the market percentage for houses at 0.58%, presenting a neutral market balance. The inventory level for houses stands at an encouraging 1.88 months, reflecting a low and favourable supply market condition.

    In this period, Kingston Beach mirrors a gentle pace in housing development, indicated by a building approvals ratio of 0% for houses and low supply levels, favourable for existing property owners. With the average number of days ‘for sale’ listings remain active on the web (DoM) sitting at 23, the demand for houses in Kingston Beach is high.

    The combined vacancy rate for houses and units at 1.14% implies high demand and limited supply, one of the best market conditions for property owners and investors. However, with a buy search index for houses at 4, the suburb’s online search demand is moderate and remains in the neutral zone.

    Although some metrics may seem less favourable, such as a high affordability index, it’s essential to view these in conjunction with other indicators. Upward trends in other areas like indicative yield and socio-economic status could outweigh any potential drawbacks. Furthermore, the Kingston Beach property market excels under the HtAG Analytics Relative Composite Score, which encapsulates over 80 metrics streamlining real estate investment insight.

    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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