Kingsbury
3083 VIC
Kingsbury is a suburb with a diverse population, with a notable number of residents aged between 20 to 34 years old. The suburb offers various transport options for daily commuters, with a significant percentage working from home. Additionally, the majority of residents are occupied in professional and technical roles.
For houses, Kingsbury presents an opportunity for investors interested in renovation projects given its moderate sale price IQR ratio. The suburb shows a promising median growth rate and a low vacancy rate. As for units, the high market absorption rate indicates a strong demand, making it an attractive prospect for investors seeking rental returns.
Kingsbury, VIC 3083, offers a vibrant community with a focus on education and professional occupations. The suburb provides investment potential for both houses and units, with opportunities for renovation projects and rental income due to its solid market demand.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Kingsbury houses.
Median Price
$863k
# Sales
52
12M Growth
7.2%
10Y Ave Growth
4.3%
Why Buyers Look Here
Proven growth — 4.3% average annual growth over 10 years.
Tight supply — Only 0.8% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 25 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Kingsbury houses.
Median Price
$863k
# Sales
52
12M Growth
7.2%
10Y Ave Growth
4.3%
Rental Market
Yield, rental pricing and vacancy performance for Kingsbury houses.
Weekly Rent
$550
Rental Yield
3.4%
Vacancy Rate
2.0%
Rentals Last 12M
57
Supply & Demand
Stock levels, days on market and selling conditions for Kingsbury.
Stock on Market
0.8%
Days on Market
25
Building Approvals
0.6%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Kingsbury.
Population
3,460
Owner Occupiers
52%
Median Income
$73k
IRSAD Rank
42
Recent Sales
Recently sold properties in Kingsbury.
