Question 1

Is Kings Point a nice place to live?

Accepted Answer

Kings Point is a small south coast suburb close to the shoreline and neighbouring coastal reserves. Its streets are mostly low-rise, with an even mix of permanent homes and holiday cottages and a lakeside recreation park on Burrill Lake.

The community is older, with couples without children making up 50.8% of families and many households owning their homes outright. Outdoor life centres on the water and local reserves, with walking, fishing and boating common pastimes; shops and services are found in the broader Ulladulla and Mollymook area and local roads link to the region's main highway.

Question 2

Is it expensive to live in Kings Point?

Accepted Answer

Kings Point hasn't had enough recent sales or rentals to publish reliable median house or unit prices or rents. The ABS reports a typical local household earned about $1,383 a week at the most recent Census, and without current price or rent figures it isn't possible to say how expensive Kings Point is compared with local incomes.

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

Question 3

Is Kings Point a good place to invest?

Accepted Answer

Over the past 12 months median house values in Kings Point rose by a solid 7.5%. That change is a measure of capital growth on houses for the suburb; there aren't enough recent unit or rent figures available here to compare how rental income or unit values moved alongside that change.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.5%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	39	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	NSW
Median age years	48	39
Median household income weekly	$1,383	$1,829
Couples with children share of families	31.8%	44.7%
Couples without children share of families	50.8%	37.9%
One-parent families share of families	17.4%	15.8%
Homes owned outright share of homes	47.7%	32.6%
Homes with a mortgage share of homes	37.1%	33.6%
Homes rented share of homes	15.2%	33.7%

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