Kings Park Real Estate, VIC, 3021 Brimbank

Thinking about buying in Kings Park? Now could not be a better time, with a whopping 3056 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $514,000 with prices in this suburb ranging from $227,000 to $998,000.

Distance to the coast is 13 Km.

Kings Park Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kings Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Kings Park leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Kings Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Kings Park the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

For Sale

Barry Plant 16 JESTER CT, KINGS PARK, VIC, 3021 3 1 1 $570,000 - $610,000
Barry Plant UNIT 3, 30 NARIEL RD, KINGS PARK, VIC, 3021 3 1 1 $450,000 - $490,000
One Agency 54 TARANA CR, KINGS PARK, VIC, 3021 3 1 8 Private Appointments Only
professionals 2 CHADWELL PL, KINGS PARK, VIC, 3021 3 1 4 $590,000 - $640,000
RayWhite 5 KINGFISHER CT, KINGS PARK, VIC, 3021 3 2 2 $640,000 - $680,000
RayWhite 127 GILLESPIE RD, KINGS PARK, VIC, 3021 3 1 2 1st Home Buyers Take Note

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Local Schools


Movelle Primary School

Resurrection School

(While the above schools are located with the suburb of Kings Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.527.734.887.05.524.3
Feb1.314.427.037.688.55.220.4
Mar1.313.124.639.888.65.015.9
Apr1.410.420.943.790.64.911.9
May1.28.216.951.390.85.48.6
Jun1.46.214.158.993.25.27.3
Jul1.05.913.756.091.46.27.7
Aug1.2614.749.290.36.110.3
Sept1.67.417.742.889.46.114.5
Oct1.68.820.739.290.15.618.6
Nov1.910.722.93890.35.421.7
Dec1.712.625.535.788.65.425.3

source: Australian Government Bureau of Meteorology

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