Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $620,000 | 0.0% | $497 | $1,401,000 | 95 |
| 2010 | $710,000 | +12.7% | $390,000 | $2,112,000 | 89 |
| 2011 | $690,000 | -2.9% | $290,000 | $1,935,000 | 124 |
| 2012 | $680,000 | -1.5% | $355,000 | $1,775,000 | 117 |
| 2013 | $738,000 | +7.9% | $395,000 | $1,775,000 | 179 |
| 2014 | $795,000 | +7.2% | $310,000 | $2,000,000 | 85 |
| 2015 | $890,000 | +10.7% | $370,000 | $1,805,000 | 86 |
| 2016 | $975,000 | +8.7% | $600,000 | $1,875,000 | 96 |
| 2017 | $1,110,000 | +12.2% | $778,000 | $2,530,000 | 70 |
| 2018 | $1,066,000 | -4.1% | $770,000 | $2,475,000 | 64 |
| 2019 | $1,148,000 | +7.1% | $685,000 | $2,265,000 | 78 |
| 2020 | $1,200,000 | +4.3% | $682,000 | $2,040,000 | 66 |
| 2021 | $1,260,000 | +4.8% | $749,000 | $3,300,000 | 98 |
| 2022 | $1,305,000 | +3.4% | $760,000 | $3,160,000 | 89 |
| 2023 | $1,200,000 | -8.8% | $660,000 | $3,395,000 | 64 |
| 2024 | $1,145,000 | -4.8% | $730,000 | $2,910,000 | 101 |
Median Sale Price
$1.14M
Based on 103 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-6.6%
Current Median Price: $1,140,000
Previous Median Price: $1,215,000
Based on 166 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $265 | $1,090 | 113 |
| 2012 | $470 | 0.0% | $300 | $800 | 143 |
| 2013 | $495 | +5.1% | $310 | $1,250 | 160 |
| 2014 | $500 | +1.0% | $340 | $1,075 | 126 |
| 2015 | $550 | +9.1% | $280 | $1,200 | 201 |
| 2016 | $520 | -5.8% | $340 | $1,150 | 195 |
| 2017 | $545 | +4.6% | $320 | $1,300 | 139 |
| 2018 | $570 | +4.4% | $350 | $960 | 174 |
| 2019 | $590 | +3.4% | $375 | $1,500 | 166 |
| 2020 | $595 | +0.8% | $279 | $1,500 | 201 |
| 2021 | $600 | +0.8% | $350 | $1,250 | 241 |
| 2022 | $600 | 0.0% | $330 | $1,300 | 186 |
| 2023 | $650 | +7.7% | $370 | $2,384 | 183 |
| 2024 | $700 | +7.1% | $395 | $1,400 | 158 |
Median Rent Price
$698
per week
Based on 163 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+5.4%
Current Median Rent: $698
Previous Median Rent: $660
Based on 344 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $1,140,000
Current Median rent: $698
Based on 266 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Kensington
Houses sold in Last 12 months ends 21 Dec 2024
$1.18M
Median Sale Price
71%
Clearance Rate
54/77
Sold/Reported
$2.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 6 | |
| $1.2 M - $1.4 M | 11 | |
| $1 M - $1.2 M (Median Price Range) | 18 | |
| $800 K - $1 M | 10 | |
Similar Suburbs to Kensington 3031
Based on median house sale price sold in last 12 months
Schools closest to Kensington, VIC 3031
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Holy Rosary School | 37 GOWER STKensington 3031 | Primary | Catholic | 0.13 km |
| Kensington Primary School | MCCRACKEN STREETKensington 3031 | Primary | Government | 0.27 km |
| Kensington Community High School | 405 RACECOURSE RDKensington 3031 | Secondary | Government | 0.76 km |
| St Brendan's School | 103 WELLINGTON STFlemington 3031 | Primary | Catholic | 1.13 km |
| Flemington Primary School | MT ALEXANDER ROADFlemington 3031 | Primary | Government | 1.07 km |
| Mount Alexander 7-12 College | 167-175 MT ALEXANDER ROADFlemington 3031 | Secondary | Government | 1.36 km |
| Mount Alexander College | Flemington 3031 | Primary | Government | 1.37 km |
| St Aloysius College | 31 CURRAN STNorth Melbourne 3051 | Secondary | Catholic | 1.18 km |
| St Michael's School | 8 BROUGHAM STNorth Melbourne 3051 | Primary | Catholic | 1.5 km |
| Ascot Vale Primary School | BANK STREETAscot Vale 3032 | Primary | Government | 2.2 km |