Get a property report and suburb profile for any property in Kings Beach

Kings Beach is an oceanfront pocket of Caloundra centred on a sandy foreshore and an esplanade with picnic lawns, a seawater rock pool and a compact strip of cafés and casual dining. It has a relaxed coastal feel, with low-rise apartment buildings along the beachfront and older timber homes a short walk inland. The community of 3,042 has a median age of 53 and includes a mix of retirees, couples and families, with couple families without children making up roughly two in three families.

Long coastal walks, parkland and a nearby town centre make outdoor recreation and everyday shopping easy. Homes are slightly more often owner-occupied than rented, creating a fairly settled mix of residents. Council work is under way to replace the surf lifesaving facility, and design work and studies are progressing on the seawall and a wider coastal pathway; there will be temporary coastal path and parking changes while works proceed. Whether Kings Beach suits you comes down to whether a seaside, low-rise coastal suburb fits your needs.

On the figures, housing in Kings Beach takes a large share of local incomes as recorded at the most recent Census. A house rent of $750 a week would use about 59% of a typical local household's weekly income at the last Census, and a unit rent of $670 a week would use about 53%—both are a large share of income. The median unit price of $880,000 works out to about 13.4 times a typical local household's annual income at the last Census, which sits well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The data for Kings Beach shows a clear split between houses and units over the past year. House values fell 14.1% over the 12 months, a large decline, while unit values rose 5.9%, a solid increase. On the income side, house rents climbed 7.4% over the year, a solid rise, and unit rents were up 3.1%, a modest rise.

Put simply, the value figures point to a capital decline for houses and capital growth for units over the year, while rental income increased for both property types, with house rents rising faster than unit rents. Whether that pattern fits your investment goals depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.