If you compare the increase in value of investment property in Kensington, 2033 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.50%.
Across a shorter period, Kensington, 2033 has seen a median price increase of -0.84% over the last quarter.
Kensington, 2033’s gross rental yield is 2.21%
With a capital gain of 12.72% for the last 12 months, Kensington, 2033 has performed for property investments than its average annual 7.49% property growth over the last 5 years.
Kensington,2033 has offered an average of 12.72% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Kensington are currently offering property investors an average price cut of -3.59% below the asking price at the moment.
At number 267 in a list of fastest selling suburbs, Kensington is in the TOP 20% of suburbs in Australia with an average of days on market 47.17 for properties listed there.
Situated 4.03km from the CBD, Kensington is one of Randwick localities in the postcode 2033.