With a capital gain of 20.80% for the last 12 months, Kensington, 2033 has performed for property investments than its average annual 8.69% property growth over the last 5 years.
The five-year average increase in median property values for Kensington,2033 has given property investors a potential capital gain of 68.54% across each of those five years.
With the median price for a house in Kensington being $2659500 and the advertised rent reaching $1100 the gross rental yield for property investors calculates out to be 2.15%
NSW has seen average median house prices change by 8.39% which means that Kensington, 2033 has done well for property investors by showing a capital gain of 9.44% over the last year
Taking the average capital gain, or increase in median house value, Kensington,2033 has racked up an average of 9.44% over the period. This ranks it number 642th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Kensington is giving property investors an average Vendor Discount of around -3.60%. This puts suburb at number 176th in NSW when ranking the most discounted suburbs.
Situated 3.94km from the CBD, Kensington is one of Randwick localities in the postcode 2033.