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Kensington Grove

POSTAL CODE: QLD, 4341
HOUSE

Homeowners and real estate investors betting on KENSINGTON GROVE, 4341 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 27.71%.

A steady increase in median property prices over a five-year period in the suburb translates to a 74.92% capital gain.

Property investors in KENSINGTON GROVE enjoyed capital gains of 27.71% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,060,000.

Profits due to an upward trend in home prices there averaged 24.97% per annum over a 3-year period.

Home owners selling their properties and realtors in KENSINGTON GROVE usually have to wait an average of 35.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in KENSINGTON GROVE.

KENSINGTON GROVE, 4341 places 757th in Australia based on median property value growth during the quarter.

Surburb overview

Kensington Grove is a rural-residential locality in the Lockyer Valley Region of Queensland, Australia, situated approximately 73 kilometres west of Brisbane. Covering an area of about 9.7 square kilometres, it had a population of 1,712 people according to the 2021 Census.

Public transportation options in Kensington Grove are limited. Residents primarily rely on private vehicles for their daily commute. The nearest public transport services are available in nearby towns such as Plainland, where Murrays Coaches and Greyhound Australia operate buses to Brisbane. The journey from Plainland to Brisbane takes approximately 1 hour and 10 minutes.

Essential amenities in Kensington Grove include several parks and recreational facilities. Fairways Park, situated on the eastern side of Fairway Drive, is a 14-hectare park that was developed over a 10- to 15-year period to meet the long-term needs of the growing community. Stage 1 of the park was completed in August 2021 and offers a range of recreational facilities.

Educational facilities within Kensington Grove are limited. There are no schools in the locality; however, nearby government primary schools include Hatton Vale State School in neighbouring Hatton Vale. The nearest government secondary schools are Lowood State High School, located in Lowood to the northeast, and Laidley State High School, situated in Laidley to the southwest.

Healthcare services are accessible in nearby towns. The closest medical facilities, including Laidley Hospital and Gatton Hospital, provide general medical services to residents of Kensington Grove.

Recreational activities in Kensington Grove are centred around its natural landscape and community facilities. In addition to Fairways Park, Kensington Grove Park, located on Bertrand Avenue, offers open spaces for outdoor activities. The locality's rural charm and proximity to urban centres make it an appealing destination for those seeking a tranquil lifestyle within reach of city amenities.

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