Market snapshot
Suburb insights for Kensington3031
Change suburbLocated 4 km north-west of Melbourne's CBD Kensington has a distinctive character a quirky mix of housing types and a village-like shopping hub. Houses in Kensington range from small period dwellings and public housing flats to new townhouses and Kensington Banks – built on a former abattoir and army depot site. The area features a scattered mix of industry and commerce major roads rail yards and electricity facilities. Kensington's major recreation area is JJ Holland Park. The park has a BMX track public swimming pool community centre various children's play areas and a number of ovals.
Recent sales and auction results in Kensington
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 404/40 Altona St, Kensington |  | Unit | Auction Sale | 15/12/2024 | Nelson Alexander | View |
Sales data
Median sale price
$1.1mil
Quarterly price change
-9.8%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $1,014,000 | $902,000 |
| 3 | $1,215,000 | $807,500 |
| 4 | $1,428,088 | $950,000 |
| Insight | Kensington | Metro comparison |
|---|---|---|
| Clearance rate | 78.6% | 73.3% |
| Days on market | 42 | 42 |
Rental data
Median weekly rent
$690
Rental yield
3.2%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $620 | $560 |
| 3 | $750 | $550 |
| 4 | $950 | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.