All About Kingsford, Randwick , NSW 2032

Kingsford Real Estate Market Outlook

Thinking about buying in Kingsford? Now could not be a better time, with 8603 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,274,000 with prices in this suburb ranging from $65,000 to $787,520,000. Kingsford is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Kingsford driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Kingsford are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Kingsford provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Kingsford to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Kingsford, located in the eastern suburbs of Sydney within the Randwick City Council area, has developed a robust and dynamic housing market characterized by a mix of apartment buildings, classic Australian bungalows, and contemporary townhouses. Its proximity to the University of New South Wales and major medical facilities like the Prince of Wales Hospital makes it a sought-after location for both students and professionals, augmenting demand and contributing to steadily increasing property prices. Over the years, infrastructure developments, such as the South East Light Rail, have significantly enhanced connectivity to the Sydney CBD, further bolstering Kingsford's appeal as a residential area. The suburb's real estate landscape reflects these changes, with a diverse range of property types catering to the varied needs and preferences of its residents, albeit at premium prices reminiscent of the broader Sydney market.

Living in Kingsford offers a vibrant community atmosphere complemented by a host of amenities and cultural diversity. This suburb is distinguished by its rich blend of restaurants, cafes, and shops that mirror the multicultural pull of its inhabitants, while nearby green spaces and beaches provide ample recreational opportunities. Kingsford’s strategic location near the University of New South Wales ensures a youthful, dynamic vibe, fostering a lively social scene. The area supports a family-friendly environment as well, with several schools, parks, and community services contributing to a balanced lifestyle. Though the cost of living can be high, typical of Sydney's eastern suburbs, residents often find the access to quality amenities, efficient transportation, and vibrant community life to be gratifying aspects of residing in Kingsford.

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