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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 $1,100,000 and this has changed 10.00% over the past year and changed 10.00% over 2 years.

The median rent in Kensington for houses is $580 per week and the median rental yield is 2.74%. Stock on the market for houses/townhouses has changed -25.00% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $490,000 and this has changed -1.41% over the past year. The average unit takes 74 days to sell and the median rent for a unit in Kensington is $390 per week, producing a rental yield of 4.13%.

Supply & Demand in Kensington, Melbourne

4.26%

Current vacancy rate


236

Rental stock available


10,816

Population


45.19%

Rental population


9.41%

Current vacancy rate


11,126

Rental stock available


135,965

Population


52.20%

Rental population


1.83%

Current vacancy rate


52,436

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Kensington, Melbourne

  House Townhouses Units
Median listing price $1,100,000 $837,500 $490,000
Median price change - last quarter 0.00% 1.49% 2.08%
Median price change - 1 year 10.00% 4.68% -1.41%
Median price change -2 years 10.00% 4.68% 8.88%
  House Townhouses Units
Median weekly rent $580 $530 $390
Median yield % 2.74% 3.29% 4.13%
Median rent change - 1 year -1.70% -2.76% -7.15%
  House Units
Previous month sales 1 1
Stock on market previous month 21 32
Stock variance vs. last year -25.00% -15.79%
Average days on market 50 74

Kensington investment property listings

Showing 5 of 56 investment properties found in Kensington on realestateinvestar.com.au

1/7 Rankins Rd, Kensington

$510,000

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LOCATION, STYLE AND DREAM DIMENSIONS - INSIDE AND OUT!

*Please register your interest for this property so that we can ensure you are included in the Auction and/or contacted in the event the property is going to be sold prior to the Auction 27 February at 10:00am. Please contact us via email or phone to speak about your options to inspect this ...

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VIC 3031


304/40 Altona St, Kensington

$570,000

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Parkland Vista and Luxurious Style

An awe-inspiring outlook to a parkland oasis makes an instant impression of calm with birdsong and play right at your doorstep. The open kitchen-living room view of the reserve is framed by a wall of glass that quintessentially echoes of a countrified address, while generously dimensioned ...

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Unit

VIC 3031


207/80 Ormond St, Kensington

$410,000

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Convenience, Location and Comfort

Situated only 4km from the CBD, minutes to train stations, the village shops, cafes, bars, salons, leafy J.J Holland Park, schools, Flemington Racecourse and freeways. This easy-living apartment offers the very best in convenience, location and comfort. Set on a quiet street in the heart of the ...

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Unit

VIC 3031


32 Calwell St, Kensington

$995,000

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TRANQUIL SURROUNDS WITH EVERYTHING AT YOUR FINGERTIPS

*Please register your interest for this property so that we can ensure you are included in the Auction and/or contacted in the event the property is going to be sold prior to the Auction 20 March at 11:30am. Please contact us via email or phone to speak about your options to inspect this property. ...

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Townhouse

VIC 3031


18 Rankins Rd, Kensington

$750,000

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Superb space to start anew with a stunning transformation

Position, potential and a prime parcel of land with perfect sealed-lane rear access are top of the list with this 3 bedroom timber home thats long overdue for a totally new transformation. Call your architect, call your builder and call the shots as this weary old weatherboard home on 172 sq. ...

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House

VIC 3031


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