Investment property in Kensington has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.90%
Taking the average capital gain, or increase in median house value, Kensington,2033 has racked up an average of 14.90% over the period. This ranks it number 294th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.70% to buyers in Kensington at the moment, which is less than average for the rest of NSW.
In the last year 58 properties changed hands in Kensington, which puts it as the 557th most active market in NSW when comparing the number of sales per suburb.
Situated 4.86km from the CBD, Kensington is one of Randwick localities in the postcode 2033.
Giving property investors a a stable capital gain of 8.33% for the last year, Kensington, 2033 is the 533th highest performer in Australia in this respect.
A 41.82% growth in median value for property investors in Kensington,2033 puts this suburb at number 224th in terms of best performing suburbs in NSW
Vendor discounting in Kensington is giving property investors an average Vendor Discount of around -12.40%. This puts suburb at number 2nd in NSW when ranking the most discounted suburbs.
In the last year 148 properties changed hands in Kensington, which puts it as the 85th most active market in NSW when comparing the number of sales per suburb.
Kensington, 2033’s gross rental yield is 3.80%