Market snapshot
Suburb insights for Kings Park3021
Change suburbKings Park is located 19 km west of the CBD. Kings Park is a small multicultural suburb located in Melbourne's outer west with many from the countries of the former Yugoslavia Vietnam and Malta. The suburb is primarily residential in nature. Kings Park experienced rapid growth during the early 1980s and today primarily consists of three and four person households. The suburb also features King's Park and the Cyril Clements Reserve.
Sales data
Median sale price
$613k
Quarterly price change
-1.6%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Kings Park | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $612,500 | $807,500 |
| 4 | - | $950,000 |
| Insight | Kings Park | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 33 | 42 |
Rental data
Median weekly rent
$445
Rental yield
3.7%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Kings Park | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $440 | $550 |
| 4 | - | $595 |
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