Market snapshot
Suburb insights for Kensington3031
Change suburbLocated 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.
Sales data
Median sale price
$1.1mil
Quarterly price change
5.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $997,500 | $888,000 |
| 3 | $1,225,000 | $807,000 |
| 4 | $1,433,044 | $950,000 |
| Insight | Kensington | Metro comparison |
|---|---|---|
| Clearance rate | 83.7% | 72.6% |
| Days on market | 44 | 43 |
Rental data
Median weekly rent
$700
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $635 | $575 |
| 3 | $775 | $550 |
| 4 | $930 | $600 |
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