Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $860,000, Annual capital growth 6.82%, Number of sales 34, Weekly median advertised rent $400

Kensington Gardens Unit: Median price $395,000, Annual capital growth 4.37%, Number of sales 39, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Kensington Gardens has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.53% to date .

While Kensington Gardens,5068 ranked number 359th in SA for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Kensington Gardens is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 213th in terms of most discounted suburbs in SA

Kensington Gardens, 5068’s gross rental yield is 2.42%

Property value increases in Kensington Gardens have tracked close to the SA average of 4.27% over the last 12 months.

The five-year average increase in median property values for Kensington Gardens,5068 has given property investors a potential capital gain of 6.76% across each of those five years.

Kensington Gardens5068 is located in SA which offers an average discount of -6.11% to property investors. Kensington Gardens itself is showing figures that indicate -4.40% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $3900 per annum or $325 every week.

HOUSE UNIT
$860,000 $395,000
-2.71% 1.94%
2.53% 3.83%
6.82% 4.37%
$400 $325
34 39
2.42% 4.28%
85.76 42.02

Source: CoreLogic

DSR Score for property investment : Above average (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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