FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Kensington, Victoria 6.8 out of 10 (Workhorse Investment) as of May 2026.
Kensington, just 4km from Melbourne's CBD, benefits from strong professional tenant demand and critically low housing supply, contributing to its consistently tight 1.2% vacancy rate. This environment establishes the suburb as a reliable "Workhorse Investment," delivering stable capital growth, with a 7% increase in median price over the past 12 months. Constrained supply means downward price pressure is structurally limited.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Kensington, Victoria 6.8 out of 10 (Workhorse Investment) as of May 2026. Kensington, just 4km from Melbourne's CBD, benefits from strong professional tenant demand and critically low housing supply, contributing to its consistently tight 1.2% vacancy rate. This environment establishes the suburb as a reliable "Workhorse Investment," delivering stable capital growth, with a 7% increase in median price over the past 12 months.
The median house price in Kensington, VIC is $1.13M. Weekly rent of $739 against a 3.4% gross yield underpins this figure.
Kensington has a gross rental yield of 3.4%, with a median weekly rent of $739. 12-month price growth is tracking at +7.0%.
Based on its market signals, Kensington aligns with: Income Hold.