With a capital gain of 16.25% for the last 12 months, Kensington, 2033 has performed for property investments than its average annual 6.84% property growth over the last 5 years.
Kensington,2033 has offered an average of 16.25% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Kensington 2033 should be seeing an average reduction in asking price of around -4.70% . This means that Kensington is holding prices well when compared to other suburbs in NSW.
Over the last year, property investments in Kensington, 2033 have given investors a capital gain of 8.27%. This compares favourably with the 5.73% for NSW as a whole.
Kensington,2033 was ranked 446 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Kensington itself are offering an average vendor discount of -4.20% to real estate investors.
At number 123 in a list of fastest selling suburbs, Kensington is in the TOP 10% of suburbs in Australia with an average of days on market 41.8 for properties listed there.
Property investors should expect to get $580 weekly from the median priced house in this suburb.