The suburb’s capital gain of -4.68% for the past year is lower than average compared to its 5.16% growth within a five-year period.
Also in KENSINGTON, the median home price is sitting at $815,000, and the average rent at $450, this suggests property owners could potentially earn a 2.87% increase in gross rental yield.
Property investors have seen a -3.55% 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 1.59% growth over a ten-year period. It ranks 3548th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.68%||N/A|
|Median 3 years||-7.81%||N/A|
|Median 5 years||5.16%||N/A|
|10 years average annual||1.59%||N/A|
|Weekly media advert. rent||$450||N/A|
|Time on Market||75.8 days||N/A|
|Gross Rental Yield Percent||2.87%||N/A|