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KensingtonKensington - SUBURB PROFILE REPORT
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The suburb’s capital gain of -19.4% for the past year is lower than average compared to its -5.73% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $806,000, and the average rent at $550, this suggests property owners could potentially earn a 3.55% increase in gross rental yield.
Property investors have seen a -5.9% drop in KENSINGTON based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.67% growth over a ten-year period. It ranks 3743rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $806,000 | $377,500 |
| GROWTH REPORT | ||
| Median Quarterly | -5.9% | -5.63% |
| Median 12 month | -19.4% | -7.53% |
| Median 3 years | 7.47% | -18.82% |
| Median 5 years | -5.73% | -25.06% |
| 10 years average annual | 0.67% | 1.23% |
| Weekly media advert. rent | $550 | $330 |
| Time on Market | 43.9 days | 0.0 days |
| Gross Rental Yield Percent | 3.55% | 4.55% |
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