Thinking about buying in Kings Forest? Now could not be a better time, with just 27 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,687,000 with prices in this suburb ranging from $1,526,000 to $2,133,000. Kings Forest is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $830.00 |
Median Monthly Mortgage | $2550.00 |
Median Persons Per Bedroom | 1.00 |
Average Household Size | 3.00 |
Average Age | 36.00 |
Average Income | $1107.00 |
Average Cars Per Dwelling | 1.56 |
Average Properties Within 50M | 3 |
3 Bed  $1,525,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Kings Forest is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Kings Forest changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Kings Forest to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kings Forest we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kings Forest a better buying opportunity than it may have been in the past.
Duranbah Public School
(While the above schools are located with the suburb of Kings Forest there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
08-07-2024 | $725,000 | 252 OLD BOGANGAR RD |
31-10-2022 | $1,550,000 | 254 OLD BOGANGAR RD |
12-08-2021 | $900,000 | 234 OLD BOGANGAR RD |
26-07-2021 | $800,000 | 248 OLD BOGANGAR RD |
11-01-2013 | $270,000 | 242 OLD BOGANGAR RD |
16-12-2010 | $437,000 | 248 OLD BOGANGAR RD |
23-07-2008 | $24,000 | 236 OLD BOGANGAR RD |
11-01-2008 | $380,000 | 240 OLD BOGANGAR RD |
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