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Kensington

Suburb Profile

Kensington - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2033

house
unit

KENSINGTON, 2033 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $2,455,000.

Profits due to an downward trend in home prices in the suburb averaged -2.53% per annum over a 3-year period.

KENSINGTON now ranks at the 1093rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KENSINGTON are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $990 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KENSINGTON, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 41 properties were sold in KENSINGTON during the past year, making it the 496th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,455,000 $910,000
GROWTH REPORT
Median Quarterly -1.8% 6.12%
Median 12 month -5.58% 13.75%
Median 3 years -7.6% 1.68%
Median 5 years 30.9% 18.18%
10 years average annual 3.97% 5.51%
Weekly media advert. rent $990 $545
Time on Market 0.0 days 53.9 days
Gross Rental Yield Percent 2.1% 3.11%
demographics (median values)
Total Population
10845
Weekly Household Income
1170
Household Size
2.40
demographics
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