Kensington Park is a smaller suburb in South Australia within the Burnside local government area (postcode 5068). With a population of 2,627, the suburb has an established demographic with a median age of 42. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Kensington Park is $2.0 million, having grown strongly 9.5% over the past year. The current median weekly rent is $658. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,300.
Kensington Park is served by 1 school, including 1 combined. The average ICSEA score is 1171, which is well above the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Burnside LGA is low at 1,941 incidents per 100,000 population.
From an investment perspective, Kensington Park offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved +9.5% year-on-year.
Kensington Park is a smaller suburb in South Australia within the Burnside local government area (postcode 5068). With a population of 2,627, the suburb has an established demographic with a median age of 42. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Kensington Park is $2.0 million, having grown strongly 9.5% over the past year. The current median weekly rent is $658. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,300.
Kensington Park is served by 1 school, including 1 combined. The average ICSEA score is 1171, which is well above the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Burnside LGA is low at 1,941 incidents per 100,000 population.
From an investment perspective, Kensington Park offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved +9.5% year-on-year.