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
$1.2mil
Quarterly price change
3.3%
Metro Melbourne Comparison
$912k
-1.5%
Bedrooms | Kensington | Metro comparison |
---|---|---|
2 | $1,050,000 | $902,500 |
3 | $1,244,444 | $810,000 |
4 | $1,344,044 | $955,000 |
Insight | Kensington | Metro comparison |
---|---|---|
Clearance rate | 87% | 73.8% |
Days on market | 38 | 42 |
Rental data
Median weekly rent
$675
Rental yield
3%
Metro Melbourne Comparison
$560
3.2%
Bedrooms | Kensington | Metro comparison |
---|---|---|
2 | $620 | $550 |
3 | $750 | $540 |
4 | - | $580 |
![Find a REIV member](https://a.storyblok.com/f/224482/2816x1156/32641b2839/friendly-member.jpg/m/1408x0)
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.