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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$713,750Past 3 months

Property growth+7.6%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
$808K$620K
Change in value
Past 12 months
6.0%9.3%
Sold
Past 3 months
6830
Median days on market
Past 12 months
1628
Average rent
Past 12 months
$625$500
Change in rent
Past 12 months
5.0%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.

Kingston infrastructure, key developments and investment opportunities

Kingston continues to experience strong population and housing growth as one of the fastest-growing regions in Tasmania, supported by its role as the administrative centre of Kingborough Council and gateway to the D'Entrecasteaux Channel. Recent and ongoing expansion of local shopping facilities, including multiple major centres and a growing retail/commercial strip along the main highway, is improving local amenity and employment options, which tends to underpin buyer demand and support property values.

The concentration of schools, sporting facilities and the Australian Antarctic Division head office reinforces Kingston’s appeal to families and public-sector workers, contributing to stable rental and owner-occupier demand. Good road connectivity to Hobart via the Channel Highway, combined with access to coastal and bushland recreation areas, enhances livability and makes the suburb attractive for commuters seeking a balance between lifestyle and convenience. At present there are no single, transformative new infrastructure projects publicly flagged that would significantly alter the market in the short term, but incremental upgrades and steady amenity growth are likely to support continued interest in Kingston property.

Kingston rental market trends

The rental market in Kingston has experienced moderate growth, with house rents increasing by 5.0% over the past year to $625 per week, while unit rents have risen 4.6% to $500 per week. As a suburb with a balanced mix of affordability and lifestyle, Kingston continues to attract both renters and investors seeking steady returns and a comfortable living environment.

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 11.4% lower than Kingston Beach’s.
  • House price growth: Over the past 12 months, house prices in Kingston have grown 1.3% higher than in Kingston Beach.
  • Unit price growth: Over the past 12 months, unit prices in Kingston have grown 4.3% higher than in Blackmans Bay.
  • Selling speed for houses: Properties in Kingston are selling 33.3% faster than in Kingston Beach.
  • Selling speed for units: Properties in Kingston are selling 3.4% faster than in Blackmans Bay.
  • Investment considerations: In Kingston, the rental yield for house is 6.1% 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 1.3% higher than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Kingston have grown 16.9% higher than the average rate of growth for units across Hobart.

Common questions about Kingston

  • Is Kingston a nice place to live?

    Kingston is a delightful suburb that offers a charming blend of suburban comfort and natural beauty, making it a wonderful place to call home. With its picturesque setting nestled between the Derwent River and the lush hills of the Wellington Range, Kingston provides a peaceful and serene environment that is perfect for families. The suburb's strong community spirit and family-friendly atmosphere are complemented by excellent schools and a variety of recreational facilities, ensuring that residents of all ages have plenty of opportunities to engage and thrive.

    Living in Kingston means enjoying the best of both worlds: the tranquility of suburban life and the convenience of being just a short drive from Hobart. This proximity to the city allows residents to easily access urban amenities while still benefiting from the suburb's relaxed and community-oriented vibe. Kingston is known for its growing infrastructure, including shopping centres and local amenities, which continue to enhance the quality of life for its residents.

    For families, Kingston offers a safe and nurturing environment with plenty of green spaces and parks for outdoor activities. The suburb's strong sense of community is evident in its support for diverse family structures, making it an inclusive place for everyone. However, one trade-off of living in Kingston might be the lack of a bustling nightlife, as the suburb leans more towards a quieter lifestyle. Nonetheless, the peaceful surroundings and scenic landscapes more than make up for it, providing a perfect backdrop for those who value a balanced and fulfilling lifestyle.

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  • Is it expensive to live in Kingston?

    Living in Kingston, which is conveniently close to Hobart, can be quite expensive, especially when it comes to housing. The median house price is currently $807,500, and units are priced at a median of $620,000. These figures are significant, particularly when compared to the average full-time wage in the Greater Hobart area, which is about $95,000 per year. This means that purchasing a home in Kingston would require a considerable financial commitment, potentially stretching the budget of those earning the average wage.

    Renting in Kingston also comes with its costs. The average rent for houses is $625 per week, while units average $500 per week. With the median total household income in Kingston being $1,517 weekly, a substantial portion of income would go towards rent, making it a less affordable option for many. While Kingston offers the charm of a suburban lifestyle with proximity to Hobart's amenities, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Kingston, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with this appealing suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Kingston a good place to invest?

    Kingston is showing promising signs for investment, with both house and unit values experiencing notable growth over the past year. The median house value has increased by 6.0%, while units have seen an even more impressive rise of 9.3%. This upward trend indicates a strong demand for property in the area, making it an attractive option for potential investors.

    In addition to property value growth, rental returns in Kingston have also been on the rise. House rents have increased by 5.0%, and unit rents have grown by 4.6% over the last 12 months. This suggests a healthy rental market, which is appealing for investors seeking reliable rental income. The combination of rising property values and rental returns highlights Kingston's potential as a stable investment choice.

    Overall, Kingston offers a balanced mix of capital growth and rental yield, making it a compelling suburb for investment. Its steady market performance and increasing demand suggest that it could be a solid option for those looking to invest in real estate. With its ongoing growth and appeal, Kingston stands out as a suburb worth considering for long-term investment opportunities.

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Choose the right real estate agents in Kingston

There are 114 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 27.9% 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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