Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $791,000, Annual capital growth 6.12%, Number of sales 37, Weekly median advertised rent $430

Kensington Gardens Unit: Median price $400,000, Annual capital growth 4.25%, Number of sales 42, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.04% which means that Kensington Gardens, 5068 has done well for property investors by showing a capital gain of -23.09% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Kensington Gardens comes in at number 360th in SA.

Our latest figures would indicate that property sellers in Kensington Gardens are currently offering property investors an average price cut of -4.60% below the asking price at the moment.

With a capital gain of 4.30% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 4.25% property growth over the last 5 years.

Over the longer term, Kensington Gardens has seen property prices show investors a 10.80% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Kensington Gardens itself are offering an average vendor discount of -5.10% to real estate investors.

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Property investors should expect to get $325 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$791,000 $400,000
-13.55% 0.00%
-23.09% 4.30%
6.12% 4.25%
$430 $325
37 42
2.83% 4.23%
77.81 63.74

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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