Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $785,500, Annual capital growth 5.33%, Number of sales 37, Weekly median advertised rent $430

Kensington Gardens Unit: Median price $390,000, Annual capital growth 4.15%, Number of sales 41, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kensington Gardens, 5068 have given investors a capital gain of -18.75%. This compares very badly with the 3.24% for SA as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kensington Gardens has increased when compared to the 5 year average annual rate.

Kensington Gardens5068 is located in SA which offers an average discount of -6.50% to property investors. Kensington Gardens itself is showing figures that indicate -4.60% is the average achievable by property buyers investing in the suburb.

In the last year 37 properties changed hands in Kensington Gardens, which puts it as the 251th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $430 mark per week – giving a return of 2.85% based on the median price in Suburb

With a capital gain of 0.65% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 4.15% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Kensington Gardens comes in at number 132th in SA.

Kensington Gardens5068 is located in SA which offers an average discount of -6.42% to property investors. Kensington Gardens itself is showing figures that indicate -5.17% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Kensington Gardens have been waiting around 74.07 days to sell a property.

A $325 per week rent on the median house gives suburb investors a gross yield of circa 4.33%, without taking into account capital value appreciation, which has been averaging out at 4.15%.

Metrics i HOUSE UNIT
$785,500 $390,000
-14.15% 0.00%
-18.75% 0.65%
5.33% 4.15%
$430 $325
37 41
2.85% 4.33%
74.05 74.07

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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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