The suburb’s capital gain of -10.23% for the past year is lower than average compared to its -1.6% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $767,500, and the average rent at $435, this suggests property owners could potentially earn a 2.95% increase in gross rental yield.
Property investors have seen a -3.46% 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 1.09% growth over a ten-year period. It ranks 3627th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-10.23%||N/A|
|Median 3 years||-14.01%||N/A|
|Median 5 years||-1.6%||N/A|
|10 years average annual||1.09%||N/A|
|Weekly media advert. rent||$435||N/A|
|Time on Market||59.2 days||N/A|
|Gross Rental Yield Percent||2.95%||N/A|