Suburb Profile Report for Kensington Grove QLD (4341)

Kensington Grove House: Median price $380,000, Annual capital growth 5.44%, Number of sales 41, Weekly median advertised rent $365

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Kensington Grove has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.56%

While Kensington Grove,4341 ranked number 448th in QLD for increase in median house value (annualised) increase, it is ranked 87th over the last 5 years.

Property buyers and investors in Kensington Grove 4341 should be seeing an average reduction in asking price of around -5.71% . This means that Kensington Grove is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 5.44%, investors should hope to achieve an overall return of 4.99%

HOUSE UNIT
$380,000 N/A
0.00% N/A
5.56% N/A
5.44% N/A
$365 N/A
41 N/A
4.99% N/A
105.09 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1480
Median household income ($/weekly) 1253
Median age of persons 35
Median housing loan repayment ($/monthly) 1777
Average household size 3
  • Census Count Percent(%)
    0-4 years 144 9.7
    5-14 years 284 19.2
    25-34 years 184 12.4
    35-44 years 252 17.0
    45-54 years 219 14.8
    Others 397 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 576 60.0
    Not Married 279 29.1
    Defacto Relationship 105 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1169 84.7
    Papua New Guinea 44 3.2
    Philippines 13 0.9
    United Kingdom 92 6.7
    Other 14 1.0
    Others 48 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1000 77.1
    No Religion 282 21.7
    Other Religious Groups 8 0.6
    Buddhism 4 0.3
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 10.9
    $800-$999 42 10.4
    $1,000-$1,249 47 11.6
    $1,500-$1,999 62 15.3
    $2,000-$2,499 50 12.3
    Others 160 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 376 38.1
    Not in the labour force 344 34.8
    Employed, worked part-time 177 17.9
    Employed, away from work 50 5.1
    Unemployed, looking for work 41 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 66 10.9
    Technicians & trades workers 122 20.2
    Community & personal service workers 73 12.1
    Clerical & administrative workers 77 12.8
    Labourers 87 14.4
    Others 178 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 26 7.6
    Infants/Primary 190 55.4
    Secondary 80 23.3
    Technical or Further Educational Institution 20 5.8
    University or other Tertiary Institutions 16 4.7
    Others 11 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1405 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 293 62.9
    Fully owned 107 23.0
    Rented 63 13.5
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals