If you compare the increase in value of investment property in Kensington, 6151 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was 0.00%.
While Kensington,6151 ranked number 294th in WA for increase in median house value (annualised) increase, it is ranked 57th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Kensington itself are offering an average vendor discount of -6.86% to real estate investors.
At number 2078 in a list of fastest selling suburbs, Kensington is just in the bottom half of suburbs in Australia with an average of days on market 86.01 for properties listed there.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.