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

8 Collett St, Kensington

$990,000

property pic

Charming Block Fronted Victorian

Proudly positioned with the area's key lifestyle attractions at your fingertips, this gorgeous Victorian is set to impress with its freestanding construction, quality inclusions and impeccable presentation inside and out. Offering a warm and inviting atmosphere and filled with natural light, ...

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VIC 3031


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