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.
Sales data
Median sale price
$1.2mil
Quarterly price change
-9.1%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $980,000 | $950,000 |
| 3 | $1,287,500 | $872,000 |
| 4 | $1,495,000 | $990,000 |
| Insight | Kensington | Metro comparison |
|---|---|---|
| Clearance rate | 60% | 68.8% |
| Days on market | 36 | 42 |
Rental data
Median weekly rent
$713
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $660 | $600 |
| 3 | $790 | $560 |
| 4 | $950 | $600 |
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