Profile for Kensington

3031

Kensington is located 4 km north-west of the CBD. Kensington is a residential industrial and commercial suburb located in Melbourne's inner west. Areas such as Kensington have a high proportion of households without a car (30%) which may be related to the public transport provision including the Broadmeadows and Upfield railway lines and the Racecourse Rd tram. The suburb also features the JJ Holland Park and the new residential developments at Lynch's Bridge and Kensington Banks.

Recent Sales & Auction Results in Kensington

Address Price Type Method Sale Date Agent
Property List
1 Mccracken St, Kensington 4 House (Res) Auction Sale 19/10/2019 Rendina
50 Lambeth St, Kensington 2 House (Res) Passed in at Auction 17/10/2019 Yen Howell RE

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$1.17mil

Metro Melbourne

$830k

Quarterly Price Change

3.7%

Metro Melbourne

4.5%

Median Rent

$600

Metro Melbourne

$451

Rental Yield

2.9%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 78.3%
Days on Market 35 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $859,888 $845,000
3 Bedrooms $985,000 $720,000
4 Bedrooms $1,470,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $533 $500
3 Bedrooms $655 $430
4 Bedrooms $800 $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$584k

Metro Melbourne

$614k

Quarterly Price Change

-4.3%

Metro Melbourne

3.9%

Median Rent

$450

Metro Melbourne

$430

Rental Yield

4.1%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 78.3%
Days on Market 35 33
Median price by Bedrooms Suburb Metro
1 Bedroom $389,000 $364,500
2 Bedrooms $557,500 $560,000
3 Bedrooms $857,500 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $380 $370
2 Bedrooms $455 $445
3 Bedrooms $600 $530

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