Suburb Profile Report for Kensington Park SA (5068)

Kensington Park House: Median price $845,000, Annual capital growth 5.27%, Number of sales 44, Weekly median advertised rent $518

Kensington Park Unit: Median price $425,000, Annual capital growth 6.60%, Number of sales 17, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kensington Park, 5068 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.71%

Over the longer term, Kensington Park has seen property prices show investors a 1.20% return over the last 3 years. This is an improvement over the last 12 months

Property buyers and investors in Kensington Park 5068 should be seeing an average reduction in asking price of around -6.68% . This means that Kensington Park is holding prices well when compared to other suburbs in SA.

Property investors should expect to get $517.5 weekly from the median priced house in this suburb.

Kensington Park has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 2.66% to date .

Taking the average capital gain, or increase in median house value, Kensington Park,5068 has racked up an average of 2.66% over the period. This ranks it number 1127th in the whole country for real estate investors looking at median house price increases.

Kensington Park, 5068 is offering SA ‘s 145th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.

With the median price for a house in Kensington Park being $425000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 3.92%

HOUSE UNIT
$845,000 $425,000
0.00% 4.94%
4.71% 2.66%
5.27% 6.60%
$518 $320
44 17
3.18% 3.92%
48.43 49.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2492
Median household income ($/weekly) 1429
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 319 12.8
    25-34 years 260 10.4
    35-44 years 327 13.1
    45-54 years 370 14.8
    55-64 years 308 12.4
    Others 908 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 922 48.6
    Not Married 826 43.5
    Defacto Relationship 149 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1769 72.2
    Croatia 83 3.4
    Japan 60 2.4
    United Kingdom 164 6.7
    Other 79 3.2
    Others 295 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 3.0
    Christianity 1399 60.2
    Hinduism 24 1.0
    Other Religious Groups 21 0.9
    No Religion 791 34.1
    Others 17 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 83 9.6
    $600-$799 82 9.5
    $1,000-$1,249 72 8.3
    $1,500-$1,999 91 10.5
    $2,500-$2,999 98 11.3
    Others 438 50.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 742 36.8
    Not in the labour force 661 32.7
    Employed, worked part-time 490 24.3
    Employed, away from work 74 3.7
    Unemployed, looking for work 52 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 205 15.7
    Professionals 482 36.9
    Community & personal service workers 130 10.0
    Clerical & administrative workers 169 13.0
    Sales 136 10.4
    Others 183 14.0
    Occupation
    Census Count Percent(%)
    Pre-school 37 4.7
    Infants/Primary 235 29.9
    Secondary 253 32.2
    Technical or Further Educational Institution 37 4.7
    University or other Tertiary Institutions 201 25.6
    Others 22 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1839 78.4
    Semi-detached, row or terrace house, townhouse 290 12.4
    Flat, unit or apartment 210 9.0
    House or flat attached to a shop, office 6 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 388 40.7
    Being purchased 292 30.6
    Rented 258 27.1
    Other tenure type 15 1.6
    Tenure Type
Census 2011, ABS
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