SUBURB PROFILE
Kensington
Location
15 minutes from the CBD
PROPERTY
Family homes
APPEAL
Inner city
Get to know the area
Just six kilometres from the CBD, Kensington finds the perfect balance between convenience, culture and community. A sanctuary for the arts and cuisine in particular, this vibrant suburb has a youthful energy that keeps locals loyal, and visitors envious.
As a sydney-based buyers agency, we know that Kensington is diverse in housing opportunity—leading to a market even more diverse in demographics. With stunning heritage listed homes for families, contemporary apartments for young professionals and high-density housing on offer for students —this suburbs appeal is broad, leading to a 7.1% increase in compound growth rate in houses, and 1.6% in units over a five-year period alone. Rich in demand (and attracting an audience of equal status), median property prices in the area are $3,100,000 for houses and $866,750 for units, with investment properties delivering a rental yield of 1.5% for houses and 2.9% for units respectively.
Kensington (or Kenso as it is affectionately called by locals), is home to 15,000 or so residents, a number slightly overshadowed by it’s its almost 70,000-person student population. Home to two of the country’s most esteemed campuses —the University of New South Wales and National Institute of Dramatic Art —Kensington is proof that knowledge is power (and location even more so). With a youthful and broad cultural scene, this area’s versatility is its strength; with some of Sydney’s most authentic (and affordable) Asian cuisine, a well-developed high-street shopping precinct, access to lush gardens such as Centennial Park and even a local golf course —there is lifestyle in spades in this thriving slice of Sydney’s east.
Find Your Home in Kensington
We know that Kensington is diverse in housing opportunity — leading to a market even more diverse in demographics. With stunning heritage listed homes for families, contemporary apartments for young professionals and high-density housing on offer for students — this suburbs appeal is broad, leading to a 7.1% increase in compound growth rate in houses, and 1.6% in units over a five-year period alone. Rich in demand (and attracting an audience of equal status), median property prices in the area are $3,100,000 for houses and $866,750 for units, with investment properties delivering a rental yield of 1.5% for houses and 2.9% for units respectively.
Suburb Overview
Kensington (or Kenso as it is affectionately called by locals), is home to 15,000 or so residents, a number slightly overshadowed by its almost 70,000-person student population. Home to two of the country’s most esteemed campuses — the University of New South Wales and National Institute of Dramatic Art — Kensington is proof that knowledge is power (and location even more so). With a youthful and broad cultural scene, this area’s versatility is its strength; with some of Sydney’s most authentic (and affordable) Asian cuisine, a well-developed high-street shopping precinct, access to lush gardens such as Centennial Park and even a local golf course — there is lifestyle in spades in this thriving slice of Sydney’s east.