Kensington VIC Property Investment

Melbourne · 3031

Looking at a specific property in Kensington? Get its legal use, net yield and a rules-based walk-or-bid check. Your first full Report is free.

Median House Price

$1.10M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$505K

As of 7 Nov 2026.

Population (Census 2021)

10,745

Kensington Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Kensington: 0.4% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Melbourne council area, 12 months to Aug 2026: 4,741. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Kensington.

Suburb Metric Thresholds

4 green1 yellow2 red

Population growth 2016–21, postcode 3031 (ABS Census)

-0.83 high impact

Median Household Income

1947 medium impact

Public Transport Score

10 medium impact

School Zone Quality

7.6 medium impact

Distance to CBD

3.79 medium impact

SEIFA Advantage/Disadvantage

8 medium impact

Owner Occupier Rate

44.1 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3031

Most disadvantagedLeast disadvantaged

Decile 4 of 10 — Average

Population (suburb)

10,745

Education (IEO)

10/10

Econ. Resources (IER)

1/10

Schools

In your catchment

Kensington Primary School

PrimaryGovernment

8.9/10

Mount Alexander 7-12 College

SecondaryGovernment

7.5/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.