Suburb Profile Report for Kensington Park SA (5068)

Kensington Park House: Median price $948,500, Annual capital growth 4.34%, Number of sales 31, Weekly median advertised rent $545

Kensington Park Unit: Median price $402,500, Annual capital growth 3.38%, Number of sales 10, Weekly median advertised rent $320

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Kensington Park 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 -19.00%

Taking the average capital gain, or increase in median house value, Kensington Park,5068 has racked up an average of -19.00% over the period. This ranks it number 925th in the whole country for real estate investors looking at median house price increases.

Residents and property investors in Kensington Park have been waiting around 46.1538 days to sell a property.

With the median price for a house in Kensington Park being $948500 and the advertised rent reaching $545 the gross rental yield for property investors calculates out to be 2.99%

With a capital gain of 3.60% for the last 12 months, Kensington Park, 5068 has performed for property investments than its average annual 3.38% property growth over the last 5 years.

Across a shorter period, Kensington Park, 5068 has seen a median price increase of -6.09% over the last quarter.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 3.38%.

Metrics i HOUSE UNIT
$948,500 $402,500
-1.20% -6.09%
-19.00% 3.60%
4.34% 3.38%
$545 $320
31 10
2.99% 4.13%
46.1538461538462 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 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 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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