Welcome to Kingston, where urban convenience meets suburban lifestyle on the outskirts of vibrant Hobart. Situated a mere 12 kilometres from the CBD, Kingston serves as the gateway to the picturesque D’Entrecasteaux Channel region, and is located a stone’s throw from the bustling Kingston Beach area with its beach cafe culture and promenade.
Kingston Buyers Market Overview
As of June 2021, Kingston’s estimated population stood at 13,473, underscoring its status as one of Tasmania’s fastest-growing regions. With 67.3% of the population owning or buying their own homes, Kingston embodies stability and desirability in the property market.
The median listing price for a house for sale in Kingston is $735,000 (accurate as of April 2024), and the median listing price for a unit for sale in Kingston is $599,999 (as of April 2024).
Kingston’s Investment Potential
With its rapid growth and burgeoning community, Kingston presents an enticing opportunity for property investment, the suburb’s thriving market promises attractive returns for savvy investors.
Houses in Kingston receive a median weekly rent of $600 with a healthy median rental yield of 4.3%, whereas the median weekly rent for units is $485 with an even healthier rental yield of 4.6%. From these numbers, it’s clear that Kingston offers a lucrative investment proposition for those seeking to capitalise on Tasmania’s growing property market.
Location and Accessibility
Boasting easy access to Hobart’s CBD, Kingston provides seamless connectivity via public transport, ensuring stress-free commutes for residents. Whether you’re heading to work or exploring the city’s vibrant offerings, Kingston’s strategic location makes every journey a breeze.
Local Attractions and Amenities
Kingston is more than just a residential hub—it’s a vibrant community teeming with local attractions and essential amenities. From its lush parks and recreational spaces to its bustling shopping precincts, Kingston caters to every lifestyle need. The suburb boasts a plethora of supermarkets, medical clinics, and schools, ensuring residents enjoy unparalleled convenience and access to essential services.
For outdoor enthusiasts, Kingston offers an abundance of natural wonders to explore, including the renowned Blackmans Bay and Kingston Beach. Additionally, history buffs will delight in exploring the region’s rich heritage, dating back to its settlement in 1808.
The Kingston Community
Kingston is a melting pot of diversity, comprising primarily couples with children who relish the suburb’s family-friendly ambience. With a strong sense of community spirit and a laid-back lifestyle, Kingston residents enjoy the perfect balance of urban convenience and suburban tranquillity.
Fun Fact
Did you know that Kingston is home to the national headquarters of the Australian Antarctic Division? Embrace the cool allure of Antarctic exploration right here in your backyard!
In summary, Kingston epitomises the essence of modern suburban living, offering residents an ease of access to the CBD, a community, and natural beauty. Whether you’re seeking an investment opportunity or a place to call home, Kingston is definitely worth your consideration.
