Kensington Gardens is a smaller suburb in South Australia within the Burnside local government area (postcode 5068). With a population of 2,498, the suburb has a mature demographic with a median age of 45. Households earn a median income of $82K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Kensington Gardens is $2.4 million, having surged 71% over the past year. The current median weekly rent is $575. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 13 bus stops. The crime rate in the Burnside LGA is below average at 2,162 incidents per 100,000 population.
From an investment perspective, Kensington Gardens offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 28.8x is considered stretched. House prices have moved +71.0% year-on-year.
Kensington Gardens is a smaller suburb in South Australia within the Burnside local government area (postcode 5068). With a population of 2,498, the suburb has a mature demographic with a median age of 45. Households earn a median income of $82K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Kensington Gardens is $2.4 million, having surged 71% over the past year. The current median weekly rent is $575. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 13 bus stops. The crime rate in the Burnside LGA is below average at 2,162 incidents per 100,000 population.
From an investment perspective, Kensington Gardens offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.4M/$950K), placing it in the premium segment. The price-to-income ratio of 28.8x is considered stretched. House prices have moved +71.0% year-on-year.