Profile for Kensington

3031

Located 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.

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Median data for March Quarter 2021. Click here for details.

Median Sale Price

$1.12mil

Metro Melbourne

$1mil

Quarterly Price Change

-11.2%

Metro Melbourne

8.8%

Median Rent

$580

Metro Melbourne

$480

Rental Yield

2.6%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 86.7% 83.8%
Days on Market 30 36
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,000,000 $930,000
3 Bedrooms $1,195,500 $810,000
4 Bedrooms $1,560,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $500 $500
3 Bedrooms $650 $450
4 Bedrooms n/a $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$552k

Metro Melbourne

$673k

Quarterly Price Change

3%

Metro Melbourne

4.8%

Median Rent

$410

Metro Melbourne

$400

Rental Yield

3.8%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 86.7% 83.8%
Days on Market 30 36
Median price by Bedrooms Suburb Metro
1 Bedroom $410,000 $390,000
2 Bedrooms $555,000 $600,000
3 Bedrooms $1,000,000 $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $340
2 Bedrooms $423 $420
3 Bedrooms $580 $525

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