Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $915,000, Annual capital growth 8.15%, Number of sales 38, Weekly median advertised rent $438

Kensington Gardens Unit: Median price $400,000, Annual capital growth 4.24%, Number of sales 42, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Kensington Gardens have tracked close to the SA average of 3.22% over the last 12 months.

Kensington Gardens,5068 has offered an average of 2.29% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Kensington Gardens are currently offering property investors an average price cut of -4.92% below the asking price at the moment.

The SA suburb of Kensington Gardens, 5068 is in the Burnside local government area.

Giving property investors a a stable capital gain of 7.01% for the last year, Kensington Gardens, 5068 is the 560th highest performer in Australia in this respect.

Kensington Gardens,5068 has offered an average of 7.01% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Kensington Gardens should be aiming for at least -4.77% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Kensington Gardens the average time real estate has been on the market is 47.54 days.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

HOUSE UNIT
$915,000 $400,000
6.40% 3.23%
2.29% 7.01%
8.15% 4.24%
$438 $320
38 42
2.49% 4.16%
83.53 47.54

Source: CoreLogic

DSR Score for property investment : Above average (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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