FairSquare/Victoria/Kensington
Suburb Dossier · VIC · 3031

Kensington

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.

Model Verdict
Workhorse Investment
6.8OUT OF 10
Median
$1.13M
house
Gross Yield
3.4%
derived
Weekly Rent
$739
3-bed median
12m Growth
+7.0%
trailing
Secret Sauce · Derivation

How the model valued Kensington

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.

Confidencehigh

Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.

Distance
to CBD
4km
Yield
derived from model
3.4%
Median Rent
weekly, 3-bed
$739
Median Price
(rent × 52) ÷ yield
$1.13M
Fit · Who It Suits
Investor Profiles
Income Hold
Model Tags
Supply Constrained
Signals · Partial View
Market Temp
Warming
Supply Pressure
Low
Rent Trajectory
In line
Cycle Position
Hot ·
Days On Market
Cool
Clearance Rate
Active ·
Buyer Demand
Hot
Vacancy Rate
Cool ·
Rent Growth 12m
Active
Price Volatility
Hot ·
5-Year Forecast
Cool
Risk Flags
Active ·

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What's inside
01Cover page with verdict & score
02In-30-seconds snapshot
03Score breakdown across 5 dimensions
04Big picture & liveability analysis
05Market cycle + 10-year forecast
06Rental story + yield scenarios
07Supply & demand pressure gauge
08Opportunity & risk register
093-play investor playbook
1012-24mo + 3-5yr outlook
112026 Budget impact analysis
Nearby · VIC
1.1km away
Flemington
Workhorse Investment
$1.13M3.4%+8.5%
1.6km away
West Melbourne
Workhorse Investment
$1.48M3.2%+4.0%
2.2km away
Ascot Vale
Workhorse Investment
$1.76M2.8%+7.5%
3.0km away
Moonee Ponds
Workhorse Investment
$1.56M3.0%+7.5%
FAQ
01

Is Kensington a good investment in 2026?

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.

02

What is the median house price in Kensington?

The median house price in Kensington, VIC is $1.13M. Weekly rent of $739 against a 3.4% gross yield underpins this figure.

03

What is the rental yield in Kensington?

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%.

04

Which investor profiles does Kensington suit?

Based on its market signals, Kensington aligns with: Income Hold.

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