Suburb Profile Report for Kensington Grove QLD (4341)

Kensington Grove House: Median price $460,000, Annual capital growth 3.71%, Number of sales 33, Weekly median advertised rent $400

  • 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

If you compare the increase in value of investment property in Kensington Grove, 4341 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.58%.

Across a shorter period, Kensington Grove, 4341 has seen a median price increase of 4.55% over the last quarter.

The most recent median price for Kensington Grove is $460000, with sellers offering an average of -6.20% off the asking price.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$460,000 N/A
4.55% N/A
13.58% N/A
3.71% N/A
$400 N/A
33 N/A
4.52% N/A
78.0333333333333 N/A

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 : Above average (H), Balanced (U)
Find a mortgage broker in Kensington Grove QLD
Demographics
Total population 1480
Median household income ($/weekly) 1253
Median age of persons 35
Median housing loan repayment ($/monthly) 1777
Average household size 3
  • Census Count Percent(%)
    0-4 years 144 9.7
    5-14 years 284 19.2
    25-34 years 184 12.4
    35-44 years 252 17.0
    45-54 years 219 14.8
    Others 397 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 576 60.0
    Not Married 279 29.1
    Defacto Relationship 105 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1169 84.7
    Papua New Guinea 44 3.2
    Philippines 13 0.9
    United Kingdom 92 6.7
    Other 14 1.0
    Others 48 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1000 77.1
    No Religion 282 21.7
    Other Religious Groups 8 0.6
    Buddhism 4 0.3
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 10.9
    $800-$999 42 10.4
    $1,000-$1,249 47 11.6
    $1,500-$1,999 62 15.3
    $2,000-$2,499 50 12.3
    Others 160 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 376 38.1
    Not in the labour force 344 34.8
    Employed, worked part-time 177 17.9
    Employed, away from work 50 5.1
    Unemployed, looking for work 41 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 66 10.9
    Technicians & trades workers 122 20.2
    Community & personal service workers 73 12.1
    Clerical & administrative workers 77 12.8
    Labourers 87 14.4
    Others 178 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 26 7.6
    Infants/Primary 190 55.4
    Secondary 80 23.3
    Technical or Further Educational Institution 20 5.8
    University or other Tertiary Institutions 16 4.7
    Others 11 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1405 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 293 62.9
    Fully owned 107 23.0
    Rented 63 13.5
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table