Giving property investors a an unimpressive capital gain of -2.29% for the last year, Kensington, 6151 is the 3162th highest performer in Australia in this respect.
Kensington,6151 was ranked 2226 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Kensington are currently offering property investors an average price cut of -6.94% below the asking price at the moment.
Residents and property investors in Kensington have been waiting around 84.63 days to sell a property.
A $472.5 per week rent on the median house gives suburb investors a gross yield of circa 2.87%, without taking into account capital value appreciation, which has been averaging out at 3.96%.