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Investment Property Kensington, VIC, 3031

Suburb Snapshot

Kensington is a suburb in the Melbourne Region of Victoria. Kensington has a population of 10,816 people and 45.19% of its occupants live in rental accommodation. The median listing price for houses is $1,090,000 and this has changed -0.46% over the past year and changed -9.17% over 2 years.

The median rent in Kensington for houses is $695 per week and the median rental yield is 3.31%. Stock on the market for houses/townhouses has changed -20.59% compared to last year and the average time to sell a house/townhouse is 44 days.The median listing price for units is $480,000 and this has changed 1.05% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Kensington is $500 per week, producing a rental yield of 5.41%.

Supply & Demand in Kensington, Melbourne

1.49%

Current vacancy rate


99

Rental stock available


10,816

Population


45.19%

Rental population


2.64%

Current vacancy rate


3,541

Rental stock available


135,965

Population


52.20%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Kensington, Melbourne

  House Townhouses Units
Median listing price $1,090,000 $850,000 $480,000
Median price change - last quarter 0.92% 0.00% 0.00%
Median price change - 1 year -0.46% 6.58% 1.05%
Median price change - 2 years -9.17% -5.56% 6.66%
  House Townhouses Units
Median weekly rent $695 $660 $500
Median yield % 3.31% 4.03% 5.41%
Median rent change - 1 year 6.10% 13.79% 6.38%
  House Units
Previous month sales 10 10
Stock on market previous month 27 48
Stock variance vs. last year -20.59% 71.43%
Average days on market 44 82

Kensington investment property listings

Showing 1 of 1 investment properties found in Kensington on realestateinvestar.com.au

17/8 Mawbey St, KENSINGTON

$380,000

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VIC 3031


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