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Kingston suburb profile

Kingston is a picturesque suburb located just 12km south of Hobart, Tasmania, known for its stunning natural surroundings and family-friendly atmosphere. Nestled between the Derwent River and the lush hills of the Wellington Range, Kingston offers a harmonious blend of suburban living and natural beauty. The area boasts excellent schools, shopping centres, and recreational facilities, making it an ideal location for families and retirees. With its close proximity to Hobart, residents enjoy easy access to city amenities while benefiting from a peaceful, community-oriented lifestyle. Kingston's scenic landscapes and growing infrastructure continue to attract new residents and visitors alike.

Kingston property market performance

Current median dwelling price$720,750Past 3 months

Property growth+8.3%Past 12 months

Kingston’s property market has shown positive growth over the past 12 months, with house values increasing by 6.0% and unit values rising by 9.3%. The median house price over the past three months has averaged $807,500, while units have averaged $620,000, indicating a strong demand for both property types.

Sales activity has been robust, with 68 houses and 30 units sold in the past 12 months. Houses are selling faster, with a median of 16 days on the market, compared to 28 days for units, suggesting a quicker turnover in the house market.

The rental market in Kingston has also seen growth, with average rents for houses increasing by 5.0% and units by 4.6% over the last 12 months, reflecting a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$800K$642K
Change in value
Past 12 months
6.9%9.7%
Sold
Past 3 months
7331
Median days on market
Past 12 months
1628
Average rent
Past 12 months
$630$500
Change in rent
Past 12 months
5.9%4.6%

5 year median price trend for houses and units

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Kingston demographics

Kingston, located in Tasmania, is a suburb that offers a blend of suburban comfort and natural beauty, making it an attractive place for families and individuals seeking a balanced lifestyle. With a population of 12,288 and a median age of 36, Kingston is home to a diverse community that enjoys the benefits of both urban amenities and the tranquility of nearby natural landscapes.

The suburb's family-friendly atmosphere is evident, with 40.8% of households being couple families with children, and 39.8% being couple families without children. This indicates a strong presence of both young families and established couples who appreciate the suburb's community-oriented environment. Additionally, 17.9% of households are one-parent families, reflecting Kingston's inclusive nature and support for diverse family structures.

In terms of housing, Kingston offers a variety of options, with 34.0% of properties owned outright and 36.1% owned with a mortgage. This suggests a stable housing market with opportunities for both long-term residents and new buyers. The rental market, comprising 29.8% of properties, provides flexibility for those not yet ready to purchase a home, including young professionals and families seeking temporary accommodation.

Kingston's median total household income of $1,517 per week aligns with its reputation as a comfortable and affordable suburb, offering a good quality of life. The suburb's proximity to Hobart, combined with its own local amenities, makes it a convenient location for those who work in the city but prefer the peace of suburban living. Overall, Kingston is a welcoming community that caters to a wide range of residents, from families to retirees, all drawn to its appealing lifestyle and scenic surroundings.

Suburbs near Kingston

Some popular suburbs near Kingston include:

How does Kingston compare to nearby suburbs?

  • Median house prices: Kingston’s median house price is 16.3% lower than Kingston Beach’s.
  • House price growth: Over the past 12 months, house prices in Kingston have grown 5.6% higher than in Blackmans Bay.
  • Unit price growth: Over the past 12 months, unit prices in Kingston have grown 2.3% higher than in Blackmans Bay.
  • Selling speed for houses: Properties in Kingston are selling 27.3% faster than in Kingston Beach.
  • Selling speed for units: Properties in nearby Blackmans Bay are selling 7.1% faster than in Kingston.
  • Investment considerations: In Kingston, the rental yield for house is 5.9% higher than the Hobart average, while the rental yield for units is 6.2% higher.
  • House price growth: Over the past 12 months, house prices in Kingston have grown 0.6% higher than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Kingston have grown 13.8% higher than the average rate of growth for units across Hobart.

Choose the right real estate agents in Kingston

There are 115 real estate agents in Kingston, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 27.8% of all sales in the past year.

Commission rates in Kingston typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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