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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 $1,050,000 and this has changed -2.33% over the past year and changed -12.50% over 2 years.

The median rent in Kensington for houses is $695 per week and the median rental yield is 3.44%. Stock on the market for houses/townhouses has changed -27.59% compared to last year and the average time to sell a house/townhouse is 45 days.The median listing price for units is $480,000 and this has changed 1.05% over the past year. The average unit takes 80 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

1.52%

Current vacancy rate


101

Rental stock available


10,816

Population


45.19%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,050,000 $850,000 $480,000
Median price change - last quarter 0.92% 0.00% 0.00%
Median price change - 1 year -2.33% 6.25% 1.05%
Median price change - 2 years -12.50% -5.56% 6.66%
  House Townhouses Units
Median weekly rent $695 $650 $500
Median yield % 3.44% 3.97% 5.41%
Median rent change - 1 year 6.92% 10.16% 6.38%
  House Units
Previous month sales 9 12
Stock on market previous month 21 54
Stock variance vs. last year -27.59% 80.00%
Average days on market 45 80

Kensington investment property listings

Showing 5 of 67 investment properties found in Kensington on realestateinvestar.com.au

13 Robertson St, Kensington

$1,200,000

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Park in front, sun out back, a Victorian extended for modern liv

Opposite Robertson Street Reserve in a quiet, tree-lined cul-de-sac, this Victorian strikes a balance between its original character and a considered contemporary extension, creating a home that feels both established and easy to live in. A traditional arched hallway sets the tone, with two ...

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VIC 3031


16 Wolseley Pde, Kensington

$1,050,000

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Charm, light & lifestyle combined

In a tightly held Kensington pocket, this character-filled home blends timeless period detail with a layout designed for living and entertaining, all within easy reach of the city. A classic façade and front verandah set the tone, leading into a traditional hallway where two generous bedrooms sit ...

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VIC 3031


14/1 Gatehouse Dr, Kensington

$625,000

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Renovated finesse and space on the city's fringe

*FORTHCOMING AUCTION Beautifully renovated, and flooded with natural light, this ultra-spacious three bedroom apartment presents a compelling low maintenance lifestyle opportunity in a sought after Kensington pocket. Secure, serene and light filled, the generous flowing floorplan reveals ...

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VIC 3031


3/7 Wight St, Kensington

$300,000

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Inner-City Ease in Kensington

A smart opportunity in a well-regarded inner-city pocket. Set within a quiet Kensington location, this light-filled one-bedroom apartment offers a low-maintenance lifestyle with a practical layout, ideal for first home buyers, investors, or professionals seeking a connected city base. Positioned ...

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VIC 3031


48 Ormond St, Kensington

$1,800,000

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An exceptional display of grace and grandeur

Situated in one of Kensington's premier tree-lined streets, this 4BR balconied terrace (c1889) offers Victorian elegance with impressive dimensions to deliver an aspirational lifestyle of quality, character and inner-urban ease. Beyond the allure of its painstakingly restored facade, this ...

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VIC 3031


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