Kingsgrove

Rental Market

Kingsgrove is the typical St George suburb, with an array of both low and high density residential, and commercial properties. It is a popular suburb for renters, primarily because of its great shopping precinct, and fantastic transport system, which makes it very popular with white collar workers but also small business owners. Coupled with the many attractions and lifestyle St George has to offer, Kingsgrove has always been a hotspot for renters over its close neighbours.

Rental prices in in the suburb vary, depending on the type, size and location of property. At any given time you could expect upwards of 200 rental residential properties advertised. They consist of a mixture of Federation and Austerity years style houses, newly developed McMansions, but also apartments ranging from the typical 1970’s red brick style to new apartments.

Rental prices for a typical 1 bedroom apartment in Kingsgrove range from $450 to $500 per week and 2 bedroom apartment would be around the $500 to $600 per week mark. Kingsgrove also boasts a number of rental houses available for rent, varying in condition and age, with rental prices ranging around the $600 pw and upwards of $800 per week.

Chris Dimitropoulos

Chris Dimitropoulos – Property Manager Kingsgrove

Kingsgrove Property Manager

Chris Dimitropoulos is the appointed Kingsgrove property manager. After 2 decades of experience investing in Real Estate, Chris decided to start NextGen, a property management specialist agency based in Sydney. Chris holds a degree and an MBA from the University of Technology and is a licensed Real Estate Agent in NSW. Chris has been managing properties in Kingsgrove since 2017 and understands the market exceptionally well, having lived there in recent years. Chris is the best property manager in Kingsgrove and St George and prides himself for the level of care and his local knowledge.

You can contact Chris now by sending him an email on chris@nextgenpm.com.au or calling on 0414494840

Kingsgrove by the numbers (2016 ABS Census)

  • Population 12,446
  • Males 48.8%
  • Females 51.2%
  • Median age 40
  • Number of Families 3,443
  • All private dwellings 4,585
  • Average people per household 2.9
  • Median weekly household income $1,564
  • Median monthly mortgage repayments $2,350
  • Median weekly rent $480
  • Average motor vehicles per dwelling 1.7

Why NextGen as your Kingsgrove Property Manager?

NextGen Property Mgmt (nextgenpm.com.au) is a Real Estate Agency that specialises in property management. Our agency employs fantastic real estate agents and we pride ourselves as being the best property managers in Sydney.  Our differentiator is that we are landlords ourselves! St George and Kingsgrove in particular is our playground, and we have had a strong presence in the suburb since our inception as a real estate agency.

Today we have a large number of rental properties under management in the area and are always looking to add more as we just love the demographic. Our property manager Chris, owns a rental property on George St. This is what he had to say when asked about the Rental Market in Kingsgrove.

“I’ve managed properties in Kingsgrove for over 10 years. In that time we’ve seen prices and rents double in value! Kingsgrove with its great little shopping district, is a renters paradise. The best thing about Kingsgrove though, is its transport system. Kingsgrove is on the Easts Hills line and it takes less than 25 minutes to get to the Sydney CBD which is great for white collar workers. Kingsgrove is a great long term investment hub and a very desirable location for tenants. the addition of bunnings and the underground Woolies have made a huge difference.

If you have any questions about the rental market, or would like a second opinion on you rental property, please let us know and our local property manager will be able to meet with you and discuss. Our advice to landlords looking for a property manager to manage their property, is to look for someone that has the capacity and headspace to care for their property, their tenant, and them as a customer. Our local dedicated property manager can certainly do that.

Hurt If you want to learn more about us just click here to organise a time for a chat, or call us on 0414 494 840. We would love to hear from you and to share our story.

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