Suburb Profile Report for Kensington Park SA (5068)

Kensington Park House: Median price $865,000, Annual capital growth 6.52%, Number of sales 53, Weekly median advertised rent $500

Kensington Park Unit: Median price $425,000, Annual capital growth 6.68%, Number of sales 18, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Kensington Park is in the bottom 40% in SA when comparing median price capital growth over the last year. Kensington Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.10%.

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

At number 112th of SA’s most discounted properties, Kensington Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Kensington Park the average time real estate has been on the market is 45.52 days.

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

SA has seen average median house prices change by 4.44% which means that Kensington Park, 5068 has done well for property investors by showing a capital gain of 2.19% over the last year

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

Our latest figures would indicate that property sellers in Kensington Park are currently offering property investors an average price cut of -4.63% below the asking price at the moment.

Situated 4.84km from the CBD, Kensington Park is one of Burnside localities in the postcode 5068.

HOUSE UNIT
$865,000 $425,000
6.07% 1.19%
1.10% 2.19%
6.52% 6.68%
$500 $310
53 18
3.01% 3.79%
45.52 51.83

Source: CoreLogic

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