Market snapshot
Suburb insights for Kensington3031
Change suburbKensington, approximately 4 km northwest of the Melbourne CBD, is a compact, heritage-laden suburb renowned for its Georgian wrought-iron terraces and thriving café culture. It features quiet, tree-lined streets, boutique shops, local parks, and strong transport connectivity. Ideal for families and professionals, it combines suburban charm with city-edge convenience.
Recent sales and auction results in Kensington
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 514/77 Hobsons Rd, Kensington | 1 |  | Apartment | Private Sale | 18/03/2026 | Nelson Alexander | View |
| 37 Parsons St, Kensington | 2 |  | House | Private Sale | 10/03/2026 | Nelson Alexander | View |
Sales data
Median sale price
$1.3mil
Quarterly price change
6.8%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $1,000,000 | $950,000 |
| 3 | $1,210,000 | $863,000 |
| 4 | $1,497,500 | $980,500 |
| Insight | Kensington | Metro comparison |
|---|---|---|
| Clearance rate | 63.9% | 74.9% |
| Days on market | 34 | 37 |
Rental data
Median weekly rent
$700
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $650 | $595 |
| 3 | $780 | $550 |
| 4 | - | $595 |
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