Property value increases in Kensington have tracked higher than the NSW average of 7.15% over the last 12 months.
Comparing Kensington,2033 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Kensington is $2200000, with sellers offering an average of -6.83% off the asking price.
Investment property in Kensington has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.79%
Taking the average capital gain, or increase in median house value, Kensington,2033 has racked up an average of 5.79% over the period. This ranks it number 370th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kensington 2033 should be seeing an average reduction in asking price of around -12.50% . This means that Kensington is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Kensington being $777000 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 3.81%