What We Know

 
South Kingsville is an Inner West suburb of Melbourne, Victoria and 8 km West from Melbourne's Central Business District. Its local government area is the City of Hobsons Bay. The size of South Kingsville is approximately 0.6 square kilometres.
 
The predominant age in South Kingsville is 32 years and the gender split is 50% Females and 50% Males. 68% of people living in the suburb of South Kingsville were born in Australia and 70% of people living in South Kingsville speak English only. 
 
In general, people in South Kingsville work in Professional occupations.

The Numbers

 

Population

1,947 (2016)

 

Increasing/Decreasing Population

The population has increased since 2011 by 6.4%

 

Vacancy Rates

1.7% and this has been steady for 2017

 

Average Days on Market

110 days on average to sell a home

 

Auction Clearance Rates
91% of properties that go to auction sell under the hammer

 

Ratio of Renters to Owner Occupied

43% are renters / 57% are owner occupied and/or purchasing. We like renters to be under 35%. More owner occupiers generally mean properties are better looked after in the area.

 

Supply vs. Demand

DSR (Demand Supply Ratio) score of 54. The DSR is a number out of 100 that gauges the demand relative to supply for a residential property market. We look for this to be always over 50. 60 is great, 70 is excellent.

 

Housing Affordability
(Asset to Income)

28.45%. We like this to be under 40%. This is is the percentage of the household income that goes towards paying a mortgage

 

Monthly Household Income

$7,028

 

Recent Sold Price Range 

3 Bed Houses - $995k$1.3M 

3 Bed Townhouse - $905k - $855k

 

For Sale Now (Online) 

Houses - 3 

Land - 0

New Townhouse - 5 

 

Median Property Price - (Houses)

$893,000

 

Last 12 Months Capital Growth  

Houses - 15.68%

Units - 13.98%  

 

Public Transport

Closest train station - Spotswood

Time to Flinders St - 33 minutes

 

In this section, we take a closer look at the suburb of South Kingsville so you have a true understanding of the area and its surrounds. We digest the data that matters and take a look at the lifestyle elements that make South Kingsville the suburb it is.

SOUTH KINGSVILLE

Our
Suburb Due Diligence

PROPERTY STYLES

LIFESTYLE

What's Around

What Social Media Is Saying

* Milk Chocolate price data used on this website is sourced and relies upon information supplied by a number of external sources (including governmental authorities). This data is supplied on the basis that while Milk Chocolate believes all the information provided will be correct at the time of writing, it does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by you, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information on this website through any cause whatsoever and limits any liability it may have to the amount paid to the external sources for the supply of such information.

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