Kingston Property Market & Buyers Agents 2026

The Kingston property market has established itself as one of Hobart's most resilient and dynamic, blending consistent growth with strong rental demand. As a key commercial and residential hub for the region, it attracts a diverse range of buyers, from local families to mainland investors drawn by its lifestyle appeal and relative affordability compared to capital city counterparts. In recent years, the market has been characterised by tight supply and strong demand. The median house price currently sits at $775,000, reflecting a compound annual growth rate of 5.4%. Units have performed even more strongly, with a median of $660,000 and an impressive 9.1% compound annual growth rate. A key driver of this performance is the suburb's low vacancy rate, which often sits below 1%, creating a landlord-favourable environment and supporting solid rental yields of around 4.3% for houses and 4.4% for units. Properties sell quickly, with average days on market hovering around a brisk 18 days, indicating a competitive purchasing environment where buyers need to act decisively. This sales velocity is underpinned by Kingston's strong socioeconomic profile and its appeal to families and professionals. However, this sustained growth has led to affordability pressures, with some analyses noting that the time required to save for a deposit is becoming a significant barrier for new entrants. Despite this, the market's fundamentals remain robust. Ongoing infrastructure development, including retail expansions like Spring Farm Village and Kings Quarter, and the potential for new facilities related to Tasmania's AFL team, signal a continued pipeline of investment and growth. For investors, Kingston offers a compelling mix of capital growth potential and stable rental income, though the high entry cost requires a long-term outlook. The market's trajectory suggests that while the explosive growth of the post-pandemic boom may have moderated, the suburb is well-positioned for steady, sustainable appreciation.

Kingston is a bustling satellite city 12 kilometres south of Hobart, serving as the administrative and commercial heart of the Kingborough municipality. Its appeal lies in its combination of comprehensive amenities and proximity to both the city and stunning natural landscapes. The suburb is a major retail destination, anchored by the Channel Court Shopping Centre and Kingston Plaza, which host major supermarkets like Woolworths and Coles, a Big W, and over 90 specialty stores. Families are well-catered for with a wide range of educational facilities, including Kingston Primary School, Kingston High School, and several independent options such as Calvin Christian School and Southern Christian College. Recreation is a cornerstone of the Kingston lifestyle. The popular Kingston Beach offers a safe swimming spot, a sailing club, and a vibrant strip of cafes and restaurants along the esplanade. The suburb is dotted with numerous parks, notably the expansive Kingston Park Playground, which features nature-based play areas and sports facilities. For commuters, the Southern Outlet provides a direct and efficient 15-minute drive to the Hobart CBD, while a comprehensive bus network services the area. As the gateway to the D'Entrecasteaux Channel and the Huon Valley, Kingston offers residents an enviable lifestyle with easy access to some of Tasmania's most picturesque coastlines and hinterlands.