Suburb

Market snapshot

Suburb insights for Kensington3031

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Kensington, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
38 Cornish La, Kensington3PriceHouseAuction Sale7/08/2026Nelson AlexanderView
9/33 Rankins Rd, Kensington2PriceApartmentAuction Sale7/08/2026Nelson AlexanderView
54 Rankins Rd, Kensington4PriceHouseSold Before Auction2/08/2026Nelson AlexanderView
5 Merino Mews, Kensington3PriceTownhousePrivate Sale20/07/2026Nelson AlexanderView
9/65 Bayswater Rd, Kensington2PriceApartmentPrivate Sale19/07/2026Nelson AlexanderView
1/19 Rankins Rd, Kensington2PriceUnitPrivate Sale14/07/2026Nelson AlexanderView
25-27 Smith St, Kensington3PriceHouseAuction Sale7/08/2026Nelson AlexanderView
5 Collett St, Kensington2PriceHousePrivate Sale22/07/2026Belle Property Ascot Vale

Sales data

Median sale price
$1.2mil
Quarterly price change
-9.1%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsKensingtonMetro comparison
2$980,000$950,000
3$1,287,500$872,000
4$1,495,000$990,000
InsightKensingtonMetro comparison
Clearance rate60%68.8%
Days on market3642

Rental data

Median weekly rent
$713
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
BedroomsKensingtonMetro comparison
2$660$600
3$790$560
4$950$600
Median data for the current quarter
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