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Kensington Grove
AREA REPORTS

Kensington Grove

Kensington Grove - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4341

house

A steady increase in median property prices over a five-year period in the suburb translates to a 17.94% capital gain.

Property investors in KENSINGTON GROVE enjoyed capital gains of 2.17% 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 $470,000.

Profits due to an upward trend in home prices there averaged 5.98% per annum over a 3-year period.

Home owners selling their properties and realtors in KENSINGTON GROVE usually have to wait an average of 91.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $410 mark, reflecting a 4.54% increase in returns based on the current median price in KENSINGTON GROVE.

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

Data report can be found below

Kensington Grove
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $470,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 2.17% N/A
Median 3 years 17.94% N/A
Median 5 years 22.08% N/A
10 years average annual 3.1% N/A
Weekly media advert. rent $410 N/A
Time on Market 91.0 days N/A
Gross Rental Yield Percent 4.54% N/A
demographics (median values)*
Total Population
743
Weekly Household Income
891.5
Household Size
2.70
Age
36
Monthly Loan Repayment
850
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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