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Kensington

POSTAL CODE: SA, 5068
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A steady increase in median property prices over a five-year period in the suburb translates to a 4.56% capital gain.

It also 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 $1,835,000

The augmented property values in the suburb are trailing above the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $650.

Home owners selling their properties and realtors in KENSINGTON usually have to wait an average of 62.1 days days before their assets are lifted off the market.

The SA suburb ranks 301st on the list of best yielding suburbs for rental properties in SA, posting a 1.84% return.

It also places places 18th in Australia based on median property value growth during the quarter.

Surburb overview

Kensington, located approximately 4 kilometres east of Adelaide’s central business district, is a historic and highly sought-after suburb in the City of Norwood Payneham & St Peters. Known for its charming heritage homes, tree-lined streets, and proximity to both the city and vibrant shopping precincts, Kensington offers a tranquil yet convenient suburban lifestyle. The suburb has a population of around 1,900 residents and is popular with families, professionals, and retirees who appreciate its peaceful environment and convenient access to urban amenities.

The demographic of Kensington is diverse, including a mix of families, young professionals, and older adults. Many homes in the area are owner-occupied, with housing styles ranging from grand heritage homes and character cottages to more modern residences. The suburb’s well-preserved historic architecture, combined with modern developments, creates a unique blend of old-world charm and contemporary living. The median age of residents is slightly above the national average, reflecting its appeal to both established families and retirees.

Public transport in Kensington is excellent, with several bus routes providing direct access to Adelaide’s CBD and surrounding areas. The suburb’s location near key roads such as Kensington Road and Magill Road makes commuting by car convenient, offering easy access to both the city and the Adelaide Hills.

Kensington offers a variety of local amenities, with nearby shopping precincts such as The Parade in Norwood and Magill Road offering a range of cafes, restaurants, boutique shops, and essential services. These vibrant areas are popular with locals and visitors alike, providing an array of dining, shopping, and entertainment options within a short distance from Kensington.

Recreational facilities in Kensington include several parks and green spaces, such as Kensington Reserve, which provides open spaces for outdoor activities, walking, and family gatherings. The suburb is also close to the Adelaide Parklands, offering further opportunities for fitness and leisure activities.

Educational facilities in and around Kensington include the prestigious Marryatville Primary School and Norwood Morialta High School, making it a popular choice for families with school-aged children. The suburb is also close to several private schools, such as Pembroke School and Loreto College, further enhancing its appeal to families seeking quality education options.

With its heritage charm, excellent transport links, and proximity to both city conveniences and recreational spaces, Kensington is a highly desirable suburb for a wide range of residents seeking a peaceful yet vibrant lifestyle close to Adelaide’s CBD.

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