Kensington, NSW
UNDERVALUED9,910 sales · 36 years of data · NSW, Australia
Kensington, NSW Property Market Overview
Kensington, NSW, 2033, is a well-established suburb located in Sydney's inner east, offering a mix of residential options from Federation homes to modern apartments. Our analysis of Kensington's property market is based on 36 years of sales data, covering 9,910 recorded transactions. The current median property price in Kensington is $1,140,000, reflecting the diverse property types available.
Kensington's property market is characterised by a blend of houses and apartments, with houses currently having a median price of $3,750,000 and apartments at $1,012,500. The suburb's proximity to the University of New South Wales (UNSW) and the CBD contributes to its appeal, making it a sought-after location for both owner-occupiers and investors. The high proportion of strata title properties reflects the prevalence of apartment living in Kensington.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Kensington
Top streets in Kensington, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Samuel Terry Ave | $3,300,000 |
| 2 | Mooramie Ave | $4,207,500 |
| 3 | Gloucester Pl | $1,140,000 |
| 4 | Balfour Rd | $3,537,500 |
... and 83 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Addison St | $53,817/m² |
| 2 | Black Lion Pl | $12,194/m² |
| 3 | Goodwood St | $11,643/m² |
| 4 | Duke St | $11,620/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Tunstall Ave | +7.1% |
| 2 | Goodwood St | +6.4% |
| 3 | Addison St | +28.2% |
| 4 | Balfour Rd | +6.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 8 Grosvenor St | $1,345,000 |
| 2 | 4 Addison St | $7,050,000 |
| 3 | 33 Brompton Rd | $1,525,000 |
| 4 | 7 Black Lion Pl | $1,815,000 |
... and 172 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Kensington analysis
87 streets and 176 buildings to explore
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Kensington at a Glance
Kensington, NSW
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Local Amenities
Living in Kensington, NSW
Living in Kensington offers a blend of convenience and community. The suburb is home to several reputable schools, including Kensington Public School and Our Lady of the Sacred Heart College, making it attractive to families.
Residents enjoy easy access to Centennial Park and Moore Park, providing ample green space for recreation and relaxation. The suburb is also well-serviced by public transport, with numerous bus routes connecting Kensington to the CBD and surrounding areas. Local shopping centres such as the Kensington shopping strip on Anzac Parade offer a range of retail and dining options.
Kensington has a vibrant multicultural community, contributing to its diverse and welcoming atmosphere. The suburb's proximity to UNSW also adds a youthful and energetic vibe. Kensington is known for its leafy streets, well-maintained parks, and strong sense of community.
Who Buys in Kensington?
Kensington attracts a diverse range of buyers, including families, professionals, and investors. The suburb's proximity to UNSW and the CBD makes it particularly appealing to students and young professionals seeking convenient access to education and employment opportunities.
The relatively high median apartment price of $1,012,500 suggests that Kensington is also attractive to downsizers and investors looking for quality apartments. The significant proportion of strata title properties (53.5%) further reinforces this trend. Families are drawn to Kensington due to its excellent schools and parks, while its historical growth rates appeal to those seeking long-term capital appreciation.
Market Analysis
Our analysis of Kensington's property market cycle indicates that the suburb is currently positioned below its long-term trend. This cycle position suggests that Kensington may be in undervalued territory relative to its historical performance.
The property cycle position reflects a complex interplay of factors influencing demand and supply within Kensington. While the suburb's location and amenities remain attractive, broader economic conditions and interest rate movements can influence buyer sentiment and transaction volumes. Understanding Kensington's position in the property cycle provides valuable context for interpreting current market trends.
Is Kensington a Good Investment?
Kensington's historical growth patterns suggest a stable and consistent market. The suburb's 20-year CAGR of 4.4% and full-period CAGR of 4.9% demonstrate its long-term potential. These figures reflect the suburb's enduring appeal, driven by its location, amenities, and strong community.
The current market analysis indicates that Kensington is positioned below its long-term trend. This indicates Kensington may be in undervalued territory relative to its historical performance. Factors such as proximity to UNSW, access to public transport, and a mix of housing options contribute to Kensington's underlying value. The diverse buyer profile, including families, professionals, and investors, further supports the suburb's long-term growth prospects.
Kensington Market Outlook
As of early 2026, Kensington's property market is positioned below its long-term trend. Recent price trends reflect a period of adjustment, influenced by broader economic conditions and interest rate movements. However, Kensington's underlying fundamentals remain strong, supported by its desirable location, excellent amenities, and strong community.
The property cycle position indicates that Kensington may be in undervalued territory relative to its historical performance. This situation may present opportunities for buyers seeking long-term value in a well-established suburb. Ongoing monitoring of market indicators will be crucial for understanding future trends in Kensington.
Streets & Location in Kensington, NSW
Kensington, postcode 2033, boasts a mix of quiet residential streets and convenient access to major thoroughfares. Among the streets with higher median prices are GOODWOOD ST, GLOUCESTER PL, and DARLING ST. These streets are known for their desirable locations and property characteristics.
With a total of 87 streets and 176 apartment buildings, Kensington offers a variety of living environments. Its location in Sydney's inner east places it within easy reach of the CBD, beaches, and other key destinations.
Market Dynamics
Transaction patterns in Kensington reflect a relatively stable market. The average settlement time for properties in Kensington is approximately 60 days. This timeframe is indicative of standard market processes for property sales in the area.
Due to data limitations, the quick-flip percentage for Kensington is not available. Further analysis would be required to determine the prevalence of short-term property trading within the suburb.
Development & Density
Kensington exhibits a moderate level of development density, characterised by a mix of detached houses and apartment buildings. The presence of 176 apartment buildings reflects a trend towards higher-density living in certain areas of the suburb.
The housing composition in Kensington is influenced by its proximity to UNSW and other amenities. This has led to an increase in apartment developments catering to students, professionals, and investors. The 53.5% strata title figure underscores the significant proportion of apartment living in Kensington.
Growth & Property Mix
Historically, Kensington's property market has demonstrated steady growth. The 10-year Compound Annual Growth Rate (CAGR) for Kensington is 2.5%, while the 20-year CAGR is 4.4%. Over the full 36-year period of our data, Kensington has achieved a CAGR of 4.9%. These figures reflect the suburb's long-term performance, influenced by factors such as population growth, infrastructure development, and proximity to key amenities.
The property mix in Kensington is approximately 53.5% strata title, indicating a significant proportion of apartments. This composition influences the overall median price and investment dynamics within the suburb.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.