KENSINGTON ranks 301st in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -10.36% for the past year is lower than average compared to its -9.28% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $752,500, and the average rent at $450, this suggests property owners could potentially earn a 3.11% increase in gross rental yield.
Property investors have seen a 0.33% gain in KENSINGTON based on an increase 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 0.17% growth over a ten-year period. It ranks 3775th on our list of suburbs that property investors should look into.
KENSINGTON, 6151 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 $486,000.
Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
Home owners selling their properties and realtors in KENSINGTON usually have to wait an average of 0.0 days days before their assets are lifted off the market.
KENSINGTON ranks 104th on the list of best yielding suburbs for rental properties in WA, posting a 3.21% return.
KENSINGTON, 6151 places 12th in Australia based on median property value growth during the quarter.