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Kensington Suburb Insights
VICLocation Information
Suburb Name
Kensington, VIC
Distance from CBD
17.2 kmDemographics
Population
15,004
Median Income
$26,728
Area Information
Area
2.67 km²
Population Density
5619 people/km²
Property Market
Median Price
$1,166,610
Annual Growth
+8.6%Property Price Trend Analysis
Current Median Price
$1,166,610
Annual Growth
+8.6%
Quarterly Growth
+3.4%
Price Trends - Last 6 Months
2024-01
$734,844
+6.7%2024-02
$1,056,257
+10.5%2024-03
$1,007,386
+9.1%2024-04
$756,715
+6.1%2024-05
$953,674
+11%2024-06
$707,218
+14%Property Type Price Analysis
House
Median Price
$1,034,981
Growth Rate
+11.4%Available Listings
217 properties
Apartment
Median Price
$346,507
Growth Rate
+16.8%Available Listings
885 properties
Townhouse
Median Price
$660,533
Growth Rate
+8.8%Available Listings
184 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy