Located in Queensland within the Bundaberg local government area, Kensington is a small locality (postcode 4670). It is home to about 722 residents, with an older-leaning population and a median age of 47. Households earn a median income of $51K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, labourers, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Kensington sit at $780,000, little changed on a year ago. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,625.
The crime rate in the Bundaberg LGA is moderate at 4,913 incidents per 100,000 population.
On the investment side, Kensington shows a gross rental yield of approximately 1.7%, rated as low yield. Property prices are near the state median ($780K/$1.1M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.