Is KENSINGTON a good suburb for positive geared property investment in Australia?

KENSINGTON in VIC currently features property rental yields up to 3.8% with a 12-month capital growth value of Up 2.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in KENSINGTON 3031?

The median house price in KENSINGTON 3031 is approximately $1,080,000 based on the latest tracked market indices.

Investment Spotlight • Australia

KENSINGTON 3031

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

KENSINGTON (VIC 3031) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Up 2.9%, with a median house buy price of $1,080,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$915,500

Down -3.6% 3.8% Yield

3 house • buy

$1,205,000

Up 2.8% 3.8% Yield

4 house • buy

$1,520,000

Up 15.2% 3.7% Yield

all house • buy

$1,080,000

Up 2.9% 3.8% Yield

Suburb Market Profile

Last month Kensington had 40 properties available for rent and 51 properties for sale. Median property prices over the last year range from $1,080,000 for houses to $480,000 for units. If you are looking for an investment property, consider houses in Kensington rent out for $723 PW with an annual rental yield of 3.8% and units rent for $545 PW with a rental yield of 5.7%. Kensington has seen an annual compound growth rate of 2.9% for houses and 0.0% for units.

Loading local listings...