Suburb Profile Report for Kensington Park SA (5068)

Kensington Park House: Median price $1,171,000, Annual capital growth 6.50%, Number of sales 38, Weekly median advertised rent $560

Kensington Park Unit: Median price $421,750, Annual capital growth 2.57%, Number of sales 16, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kensington Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 28.68%

Kensington Park,5068 has offered an average of 28.68% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -9.23% to buyers in Kensington Park at the moment, which is less than average for the rest of SA.

Kensington Park is 375th on a list of best yielding suburbs for rents in SA with a 2.49% return

Kensington Park is in the bottom 40% in SA when comparing median price capital growth over the last year. Kensington Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.71%.

Comparing Kensington Park,5068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 7th of SA’s most discounted properties, Kensington Park is in the bottom 10% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 3.95%, without taking into account capital value appreciation, which has been averaging out at 2.57%.

Metrics i HOUSE UNIT
$1,171,000 $421,750
18.61% 1.02%
28.68% -2.71%
6.50% 2.57%
$560 $320
38 16
2.49% 3.95%
100.22 36.21

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2492
Median household income ($/weekly) 1429
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 319 12.8
    25-34 years 260 10.4
    35-44 years 327 13.1
    45-54 years 370 14.8
    55-64 years 308 12.4
    Others 908 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 922 48.6
    Not Married 826 43.5
    Defacto Relationship 149 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1769 72.2
    Croatia 83 3.4
    Japan 60 2.4
    United Kingdom 164 6.7
    Other 79 3.2
    Others 295 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 3.0
    Christianity 1399 60.2
    Hinduism 24 1.0
    Other Religious Groups 21 0.9
    No Religion 791 34.1
    Others 17 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 83 9.6
    $600-$799 82 9.5
    $1,000-$1,249 72 8.3
    $1,500-$1,999 91 10.5
    $2,500-$2,999 98 11.3
    Others 438 50.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 742 36.8
    Not in the labour force 661 32.7
    Employed, worked part-time 490 24.3
    Employed, away from work 74 3.7
    Unemployed, looking for work 52 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 205 15.7
    Professionals 482 36.9
    Community & personal service workers 130 10.0
    Clerical & administrative workers 169 13.0
    Sales 136 10.4
    Others 183 14.0
    Occupation
    Census Count Percent(%)
    Pre-school 37 4.7
    Infants/Primary 235 29.9
    Secondary 253 32.2
    Technical or Further Educational Institution 37 4.7
    University or other Tertiary Institutions 201 25.6
    Others 22 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1839 78.4
    Semi-detached, row or terrace house, townhouse 290 12.4
    Flat, unit or apartment 210 9.0
    House or flat attached to a shop, office 6 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 388 40.7
    Being purchased 292 30.6
    Rented 258 27.1
    Other tenure type 15 1.6
    Tenure Type
Census 2011, ABS
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