Nest Property Hobart
03 6224 2004
03 6224 2004

Property CityKINGSTON

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Kingston is a rapidly growing suburb with a blend of residential, commercial, and natural environments. Known for its family-friendly parks, schools, and shopping centres, Kingston offers a lifestyle that balances urban convenience with natural beauty. It’s a popular choice for families and professionals alike. See what Kingston has to offer with Nest Property.

Kingston property market

Located just 15 minutes south of Hobart’s CBD, Kingston continues to attract both families and investors with its coastal charm, growing infrastructure, and strong community feel. In the past month, the suburb saw 29 properties available for rent and 60 properties listed for sale, suggesting an active market with a broad range of options for buyers and renters alike.

Over the last 12 months, median property prices in Kingston have remained relatively stable. Houses in the area recorded a median price of $738,000, while units were more affordable, with a median value of approximately $595,000. These figures reflect Kingston’s positioning as a popular and established suburb, offering good value for its proximity to Hobart and access to beaches, schools, and shopping precincts.

For those considering investment opportunities, Kingston offers solid rental performance across both housing types. Houses are currently renting for around $600 per week, delivering a gross rental yield of 4.7% per annum. Units typically rent for about $500 per week, providing a slightly lower but still respectable yield of 4.5%. These rental returns indicate strong tenant demand and reflect Kingston’s growing appeal among professionals, families, and retirees alike.

In terms of capital growth, Kingston has experienced a period of moderate change. Over the past year, house prices have dipped slightly, with a compound annual growth rate (CAGR) of -0.4%, suggesting a market correction following years of upward movement. Units, on the other hand, have performed modestly, recording a 1.5% annual growth rate, pointing to resilience in the more affordable property segment.

Overall, Kingston remains one of southern Tasmania’s most well-rounded suburbs—offering a blend of lifestyle, affordability, and consistent rental demand. While recent capital growth has softened, the suburb’s strong fundamentals, infrastructure development, and popularity with both residents and investors position it well for long-term potential.

Market trends

View median property prices* in Kingston to get a better understanding of local market trends.

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*Data based on sales within the 12 months to July 2025.

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