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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 80 investment properties found in Kensington on realestateinvestar.com.au

14 Mulgrave St, Kensington

$800,000

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Timeless Charm in a Blissfully Quiet Setting

A fantastic opportunity to secure a Victorian classic in a serene Kensington neighbourhood, this single-front home is sure to please with its immediate quality, value-adding potential and close proximity to everything that counts. The gorgeous facade makes way for a previously-expanded interior ...

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House

VIC 3031


67A Hardiman St, Kensington

$1,725,000

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Designer warehouse living on a grand scale

A vivid mix of industrial edge, modern luxury and dramatic space characterize the allure of this spectacular warehouse conversion delivering an executive lifestyle of unmatched quality and versatility with the best of inner-Melbourne in easy reach. Designed around a vast open-plan living/dining ...

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House

VIC 3031


8/12 Mawbey St, Kensington

$529,000

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Light-filled living with parkside prestige

Corner positioned for an abundance of natural light, this second-floor apartment delivers an impressive city-fringe lifestyle thanks to its generous dimensions, quality appointments and dual outdoor spaces to enjoy. Adjacent to Kensington's historic Stock Route providing a leafy outlook from every ...

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Unit

VIC 3031


82 Barnett St, Kensington

$1,000,000

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Timeless Appeal & Lifestyle Excellence

Updated two-bedroom brick terrace offering move-in-ready comfort and exciting scope for the future An outstanding opportunity for buyers seeking a turnkey character home in a superb lifestyle location Large brick-paved courtyard with raised garden beds and secure rear laneway access Two ...

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House

VIC 3031


66 Collett St, Kensington

$1,950,000

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Period prize reimagined for magnificent modern living

A stunning fusion of Victorian elegance and contemporary class, this extraordinary home delivers a city-fringe lifestyle of executive perfection with its innovative architecture, finest quality features and profusion of natural light throughout. Simply stunning, the home's meticulously detailed ...

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House

VIC 3031


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