Suburb Profile Report for Kensington NSW (2033)

Kensington House: Median price $2,600,000, Annual capital growth 9.31%, Number of sales 26, Weekly median advertised rent $990

Kensington Unit: Median price $785,000, Annual capital growth 4.94%, Number of sales 87, Weekly median advertised rent $595

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Kensington, 2033 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.88%

The five-year average increase in median property values for Kensington,2033 has given property investors a potential capital gain of 44.44% across each of those five years.

Property investors should expect to get $990 weekly from the median priced house in this suburb.

Investment property in Kensington has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.40%

Comparing Kensington,2033 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Kensington is giving property investors an average Vendor Discount of around -8.07%. This puts suburb at number 88th in NSW when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$2,600,000 $785,000
-4.59% 0.64%
-5.88% -11.40%
9.31% 4.94%
$990 $595
26 87
1.98% 3.94%
67.2727272727273 92.59375

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 12776
Median household income ($/weekly) 1498
Median age of persons 28
Median housing loan repayment ($/monthly) 2600
Average household size 2.4
  • Census Count Percent(%)
    15-19 years 1238 9.7
    20-24 years 2768 21.7
    25-34 years 2735 21.4
    35-44 years 1478 11.6
    45-54 years 1127 8.8
    Others 3431 26.9
    Age Group
    Census Count Percent(%)
    Not Married 4244 52.8
    Registered Married 3025 37.7
    Defacto Relationship 765 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5838 49.5
    Croatia 1009 8.6
    India 400 3.4
    Malta 388 3.3
    Other 1155 9.8
    Others 3007 25.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 753 6.6
    Christianity 6073 53.3
    Islam 489 4.3
    Judaism 413 3.6
    No Religion 3362 29.5
    Others 304 2.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 288 7.9
    $1,250-$1,499 279 7.7
    $1,500-$1,999 447 12.3
    $2,000-$2,499 326 9.0
    $2,500-$2,999 414 11.4
    Others 1874 51.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4251 40.3
    Employed, worked full-time 3609 34.2
    Employed, worked part-time 1812 17.2
    Unemployed, looking for work 571 5.4
    Employed, away from work 310 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 739 12.9
    Professionals 1966 34.3
    Community & personal service workers 618 10.8
    Clerical & administrative workers 845 14.7
    Sales 569 9.9
    Others 995 17.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 509 10.1
    Secondary 380 7.5
    Technical or Further Educational Institution 224 4.4
    University or other Tertiary Institutions 3661 72.7
    Other type of educational institution 134 2.7
    Others 131 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5755 61.0
    Separate house 3058 32.4
    Semi-detached, row or terrace house, townhouse 551 5.8
    House or flat attached to a shop, office 68 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2093 53.4
    Fully owned 987 25.2
    Being purchased 828 21.1
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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