Get a property report and suburb profile for any property in Kingsville

Kingsville sits between Yarraville and West Footscray and reads as a calm, inner-west residential pocket. Quiet streets and mature trees surround period cottages and timber workers' houses, with more recent renovations and infill townhouses alongside. Small parks and local sporting grounds give it a suburban feel, while cafes, bakeries and village shopping strips in neighbouring Yarraville and Seddon are close by. Public transport and arterial roads nearby make getting around straightforward, and the suburb is described as a low-key, established choice for everyday living.

The community of 3,920 people has a median age of 37 and is dominated by couple families (about 86% of families), appealing to families and professionals seeking a settled area. Homes are mostly owner-occupied (62.2%, roughly three in five) with 37.9% rented. Kingsville is also close to a major rail upgrade on the West Footscray to Albion corridor, and the council has listed refurbishments for the local kindergarten and Maternal and Child Health Care Centre, which points to ongoing local investment. Whether it suits you comes down to what you want from a suburb.

Buying and renting tell different stories in Kingsville. A median house price of $1,031,000 works out to about 9.0 times a typical local annual household income at the last Census (weekly household income $2,195), while the median unit price of $517,000 is about 4.5 times that annual income. On those figures, buying a house sits well above what local households earned at the last Census, while buying a unit is somewhat above local incomes.

Looking at rents, the average house rent of $700 a week would take about 31.9% of a typical local household's weekly income at the last Census, a sizeable share, while the average unit rent of $420 a week would take about 19.1%, a more modest share. Whether that balance 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.

Over the past 12 months the house and unit markets in Kingsville moved in opposite directions. Median house values fell 10.0%, a sharp drop, while median unit values rose 10.1%, a strong increase. On the rental side, house rents climbed 7.7% over the year, a solid rise, and unit rents increased 2.4%, a modest gain.

For someone focused on capital growth, the figures show units produced the stronger price movement this year; for someone focused on rental income, house rents were the stronger performer. Whether that mix of price and rent movement suits your goals and circumstances is for you to weigh up.

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.