Suburb Profile Report for Kensington Gardens SA (5068)

Kensington Gardens House: Median price $1,027,500, Annual capital growth 5.13%, Number of sales 31, Weekly median advertised rent $490

Kensington Gardens Unit: Median price $407,500, Annual capital growth 2.05%, Number of sales 28, Weekly median advertised rent $335

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

SA has seen average median house prices change by 1.50% which means that Kensington Gardens, 5068 has done well for property investors by showing a capital gain of 13.22% over the last year

Kensington Gardens,5068 has offered an average of 13.22% return per annum in house price rises to property investors over the last three years.

On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.

Situated 5.90km from the CBD, Kensington Gardens is one of Burnside (C) localities in the postcode 5068.

With a capital gain of 0.62% for the last 12 months, Kensington Gardens, 5068 has performed for property investments than its average annual 2.05% property growth over the last 5 years.

Across a shorter period, Kensington Gardens, 5068 has seen a median price increase of -0.61% over the last quarter.

Vendor discounting in Kensington Gardens is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 21th in SA when ranking the most discounted suburbs.

In the last year 28 properties changed hands in Kensington Gardens, which puts it as the 30th most active market in SA when comparing the number of sales per suburb.

A $335 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 2.05%.

Metrics i HOUSE UNIT
$1,027,500 $407,500
1.99% -0.61%
13.22% 0.62%
5.13% 2.05%
$490 $335
31 28
2.48% 4.27%
99.46 49.7

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Kensington Gardens SA
Demographics
Total population 2340
Median household income ($/weekly) 1134
Median age of persons 45
Median housing loan repayment ($/monthly) 1972
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 276 11.8
    35-44 years 251 10.7
    45-54 years 349 14.9
    55-64 years 298 12.7
    65-74 years 239 10.2
    Others 927 39.6
    Age Group
    Census Count Percent(%)
    Not Married 884 47.7
    Registered Married 856 46.2
    Defacto Relationship 112 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1564 69.4
    Croatia 73 3.2
    Japan 58 2.6
    United Kingdom 142 6.3
    Other 108 4.8
    Others 307 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 2.5
    Christianity 1408 65.3
    Hinduism 35 1.6
    Other Religious Groups 17 0.8
    No Religion 627 29.1
    Others 14 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 90 9.5
    $400-$599 118 12.5
    $600-$799 80 8.5
    $800-$999 87 9.2
    $1,500-$1,999 94 9.9
    Others 476 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 785 40.1
    Employed, worked full-time 675 34.4
    Employed, worked part-time 374 19.1
    Employed, away from work 70 3.6
    Unemployed, looking for work 56 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 147 13.2
    Professionals 410 36.8
    Community & personal service workers 98 8.8
    Clerical & administrative workers 178 16.0
    Sales 101 9.1
    Others 181 16.2
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.8
    Infants/Primary 157 28.6
    Secondary 124 22.6
    Technical or Further Educational Institution 37 6.8
    University or other Tertiary Institutions 196 35.8
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1348 61.5
    Flat, unit or apartment 591 27.0
    Semi-detached, row or terrace house, townhouse 249 11.4
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 394 39.1
    Rented 311 30.9
    Being purchased 285 28.3
    Other tenure type 18 1.8
    Tenure Type
Census 2011, ABS
Chart Table