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Suburb Insights ยท VIC 3021

Kings Park 3021, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kings Park is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 8,203, making it a smaller community. Located approximately 19 km from the Melbourne CBD, Kings Park is a middle ring area in Victoria. The median household income is $63,648 AUD per year (ABS 2021 Census).

Investment Score

56 / 100 Moderate

Kings Park's income profile suggests a value-oriented market with competitive purchase prices.

Location

Map shows Kings Park, Victoria, Australia.

Key Indicators

Postcode
3021

Official Australia Post postcode for Kings Park. A postcode may cover multiple suburbs.

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Population
8,203

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$321/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$63,648/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
19 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
91% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Kings Park's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $321/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,500/month. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Kings Park could work well with careful property selection and a longer time horizon.

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Rental Yield

Kings Park can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Kings Park may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Kings Park property

Full Property Analysis

30-year projections for Kings Park

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Kings Park faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Kings Park should see steady occupancy, with moderate upward pressure on rents. Kings Park offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Kings Park a good suburb for investment?

Kings Park is a middle ring area in Victoria with a population of 8,203. The median rent is $321/week and the median household income is $63,648/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Kings Park?

Key demand drivers in Kings Park include established amenities and transport access. 91% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Kings Park?

According to the ABS 2021 Census, Kings Park has a population of approximately 8,203. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kings Park from the Melbourne CBD?

Kings Park is approximately 19 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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