Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $1,100,000, Annual capital growth 8.58%, Number of sales 32, Weekly median advertised rent $425

Kensington Gardens Unit: Median price $401,250, Annual capital growth 4.02%, Number of sales 39, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Kensington Gardens has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 27.91% to date .

A 51.72% growth in median value for property investors in Kensington Gardens,5068 puts this suburb at number 37th in terms of best performing suburbs in SA

Property buyers and investors in Kensington Gardens 5068 should be seeing an average reduction in asking price of around -3.79% . This means that Kensington Gardens is holding prices well when compared to other suburbs in SA.

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Property investors should expect to get $425 weekly from the median priced house in this suburb.

Investment property in Kensington Gardens 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 3.55%

Taking the average capital gain, or increase in median house value, Kensington Gardens,5068 has racked up an average of 3.55% over the period. This ranks it number 1184th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -5.37% to buyers in Kensington Gardens at the moment, which is less than average for the rest of SA.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.02%, investors should hope to achieve an overall return of 4.41%

Metrics i HOUSE UNIT
$1,100,000 $401,250
8.37% 2.88%
27.91% 3.55%
8.58% 4.02%
$425 $340
32 39
2.01% 4.41%
54.93 90.51

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2340
Median household income ($/weekly) 1134
Median age of persons 45
Median housing loan repayment ($/monthly) 1972
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 276 11.8
    35-44 years 251 10.7
    45-54 years 349 14.9
    55-64 years 298 12.7
    65-74 years 239 10.2
    Others 927 39.6
    Age Group
    Census Count Percent(%)
    Not Married 884 47.7
    Registered Married 856 46.2
    Defacto Relationship 112 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1564 69.4
    Croatia 73 3.2
    Japan 58 2.6
    United Kingdom 142 6.3
    Other 108 4.8
    Others 307 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 2.5
    Christianity 1408 65.3
    Hinduism 35 1.6
    Other Religious Groups 17 0.8
    No Religion 627 29.1
    Others 14 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 90 9.5
    $400-$599 118 12.5
    $600-$799 80 8.5
    $800-$999 87 9.2
    $1,500-$1,999 94 9.9
    Others 476 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 785 40.1
    Employed, worked full-time 675 34.4
    Employed, worked part-time 374 19.1
    Employed, away from work 70 3.6
    Unemployed, looking for work 56 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 147 13.2
    Professionals 410 36.8
    Community & personal service workers 98 8.8
    Clerical & administrative workers 178 16.0
    Sales 101 9.1
    Others 181 16.2
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.8
    Infants/Primary 157 28.6
    Secondary 124 22.6
    Technical or Further Educational Institution 37 6.8
    University or other Tertiary Institutions 196 35.8
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1348 61.5
    Flat, unit or apartment 591 27.0
    Semi-detached, row or terrace house, townhouse 249 11.4
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 394 39.1
    Rented 311 30.9
    Being purchased 285 28.3
    Other tenure type 18 1.8
    Tenure Type
Census 2011, ABS
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