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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 $1,095,000 and this has changed -8.75% over the past year and changed -8.75% over 2 years.

The median rent in Kensington for houses is $655 per week and the median rental yield is 3.11%. Stock on the market for houses/townhouses has changed 36.00% compared to last year and the average time to sell a house/townhouse is 34 days.The median listing price for units is $475,000 and this has changed 5.55% over the past year. The average unit takes 81 days to sell and the median rent for a unit in Kensington is $470 per week, producing a rental yield of 5.14%.

Supply & Demand in Kensington, Melbourne

0.96%

Current vacancy rate


55

Rental stock available


10,816

Population


45.19%

Rental population


2.59%

Current vacancy rate


3,295

Rental stock available


135,965

Population


52.20%

Rental population


0.87%

Current vacancy rate


26,641

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 $1,095,000 $797,500 $475,000
Median price change - last quarter 0.00% -0.32% 3.26%
Median price change - 1 year -8.75% -11.39% 5.55%
Median price change - 2 years -8.75% -10.40% -2.07%
  House Townhouses Units
Median weekly rent $655 $580 $470
Median yield % 3.11% 3.78% 5.14%
Median rent change - 1 year 9.16% 5.45% 14.63%
  House Units
Previous month sales 9 1
Stock on market previous month 34 28
Stock variance vs. last year 36.00% -17.65%
Average days on market 34 81

Kensington investment property listings

Showing 5 of 29 investment properties found in Kensington on realestateinvestar.com.au

22 Tennyson St, Kensington

$1,100,000

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Charisma, Tranquillity and Lifestyle

*FORTHCOMING AUCTION Encompassing alluring character combined with a surprisingly spacious conversion, this enhanced two bedroom plus office/study terrace also presents starters, couples and investors with a sought-after city-fringe experience. Beyond its monochrome façade draped in iron lacework ...

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House

VIC 3031


17 Nottingham St, Kensington

$1,000,000

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Designer Home in the Heart of Kensington

Enviably positioned in a quiet street so close to the bustling heart of Kensington, this unique and extraordinary home was architecturally designed by Ridolfi Architecture, offering exclusive inner-city living with the rare luxury of a full garage and versatile family options. The idyllic ground ...

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Townhouse

VIC 3031


28 Cornish La, Kensington

$1,030,000

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Leafy Setting - City Living

Zoom Auction Friday 19th April at 5.00pm In the coveted Kensington Banks Estate, with the community gardens opposite and the historic Stock Route to the rear, this stylishly appointed two bedroom plus study/third bedroom residence really is an idyllic setting for an inner-city lifestyle. Body ...

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Townhouse

VIC 3031


18 Rankins Rd, Kensington

$795,000

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A perfect renovation opportunity or approved architect plans for

Prepare for a luxury lifestyle with approved architect-designed plans to replace this tired home with a sublime new domain topped by a rooftop pool and entertainment terrace. All set to be totally transformed from a weary weatherboard to a modern inner-city masterpiece, this prized property ...

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House

VIC 3031


32 Parsons St, Kensington

$1,400,000

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Revamped Victorian in Coveted Kensington Setting

A double-fronted showpiece among an esteemed and exclusive avenue, this revitalised Victorian presents every advantage of inner-city living while sharing in the leafy tranquillity Kensington is renowned for. Its period ornamentation showcased both inside and out, a considered plan enjoys ...

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House

VIC 3031


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