Thinking about buying in Melbourne? Now could not be a better time, with 9281 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,148,000 with prices in this suburb ranging from $312,000 to $5,257,000.
Distance to the coast is 1 Km.
Median Weekly Rent | $406.46 |
Median Monthly Mortgage | $2177.35 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.23 |
Average Age | 35.85 |
Average Income | $1136.65 |
Average Cars Per Dwelling | 1.17 |
Average Properties Within 50M | 103 |
1 Bed $734,000 |
2 Bed $1,136,000 |
3 Bed $1,787,000 |
4 Bed $2,181,000 |
5 Bed $2,672,000 |
6 Bed+$1,383,000 |
Consistent high demand relative to supply is a key feature in Melbourne driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Melbourne ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Melbourne provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Melbourne necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
The capital city of the state of Victoria, Australia, Melbourne lies on Australia’s southern coast and holds the distinction of being the second most populous city both in the country and on the continent. A sprawling patchwork of green spaces and cityscape spanning nearly 10,000 square kilometres, nearly five million people call this rich, lively coastal city their home. For 26 years, from 1901 until 1927, Melbourne was the Australian seat of government and the nation’s de facto capital before it was relocated to Canberra to be as equidistant between the major settlements as possible. Built around the vast Victoria Harbour, as stunning as it is imposing, the city has developed into a centre of commerce, culture, and progress.
Melbourne’s economy is strong and incredibly diverse, stretching over a number of sectors. Its Central Business District, a metaphorical jungle of skyscrapers, is the second largest financial centre in the country; many companies’ regional, national or, in some cases, global headquarters are found in Melbourne, including two of Australia’s Big Four banks, the ANZ and National Australia Bank. Dotted throughout Melbourne are innumerable shops, restaurants, bars and other establishments, each contributing both to the value of the city and its unique character. Melbourne provides an excellent quality of life, being repeatedly lauded as the world’s most liveable city.
Melbourne is often referred to as the cultural capital of Australia; this culture can be found throughout the city, but it is especially present in sports. Melbourne is known to many as the nation’s sporting capital and plays host to 27 professional sports teams. The city has more to offer than just sports, however; the State Library of Victoria is one of the world’s most visited libraries and is famed for its early status as the home of many important figures in the world of literature. Melbourne’s population is very diverse and a number of cultural festivals with origins all over the world take place there, from annual comedy and arts festivals to religious celebrations.
Melbourne is a city of variety, and this is reflected in its property market. As a thriving city with such a large population, there is constant supply and demand for housing of all types, with properties for sale ranging from the exclusive examples of Victorian architecture for which Melbourne’s centre is famous to quieter and more modern housing in the suburbs, where property can be found with much smaller price tags. A city packed with character and excitement, green spaces and towering skylines, commerce and architecture and a remarkably rich history, Melbourne truly is a city that has something for everybody.
UNIT 23, 16 BORONIA ST, KENSINGTON, NSW, 2033 | 2 | 1 | 1 | For Sale | |
UNIT 5, 36 DONCASTER AV, KENSINGTON, NSW, 2033 | 1 | 1 | 1 | TUE 14 MAY AT 5:00PM | |
UNIT 815, 84-108 ANZAC PDE, KENSINGTON, NSW, 2033 | 1 | 1 | 1 | FOR SALE $ 640,000 - $680,000 | |
UNIT 3, BLOCK B, 1-7 GLOUCESTER PL, KENSINGTON, NSW, 2033 | 2 | 1 | 1 | $950 PW | |
119 TODMAN AV, KENSINGTON, NSW, 2033 | 3 | 2 | 0 | CONTACT AGENT | |
UNIT 911, 84-108 ANZAC PDE, KENSINGTON, NSW, 2033 | 2 | 2 | 2 | 1650000 | |
19 SALISBURY RD, KENSINGTON, NSW, 2033 | 3 | 1 | 0 | 2300000 | |
UNIT 303A, 264 ANZAC PDE, KENSINGTON, NSW, 2033 | 1 | 1 | 1 | 700000 | |
UNIT 805A, 264 ANZAC PDE, KENSINGTON, NSW, 2033 | 3 | 3 | 2 | 1600000 | |
UNIT 2, 61 TODMAN AV, KENSINGTON, NSW, 2033 | 4 | 3 | 3 | 2600000 | |
39 SAMUEL TERRY AV, KENSINGTON, NSW, 2033 | 5 | 2 | 1 | 3700000 | |
149 DONCASTER AV, KENSINGTON, NSW, 2033 | 4 | 2 | 2 | 3300000 | |
58 TUNSTALL AV, KENSINGTON, NSW, 2033 | 5 | 3 | 4 | 5000000 | |
UNIT 1, 81 TODMAN AV, KENSINGTON, NSW, 2033 | 12 | 6 | 21st May at 5:00pm |
Kensington Primary School
Kensington Community High School
Holy Rosary School
Debney Meadows Primary School
St Brendan's School
St Aloysius College
Mount Alexander 7-12 College
Flemington Primary School
St Monica's School
St Michael's School
(While the above schools are located with the suburb of Melbourne there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.4 | 20.3 | 28.5 | 50.9 | 88.3 | 6.2 | 23.1 |
Feb | 4.1 | 20.2 | 27.5 | 52.7 | 87.8 | 6.0 | 20.1 |
Mar | 4.9 | 18.8 | 26.4 | 51.4 | 87.4 | 5.6 | 16.5 |
Apr | 3.5 | 15.6 | 23.9 | 49.4 | 86.9 | 5.0 | 14.0 |
May | 2.1 | 12.0 | 21.1 | 45.5 | 83.2 | 5.1 | 11.4 |
Jun | 4.1 | 10.0 | 18.3 | 50.8 | 86.1 | 5.2 | 9.2 |
Jul | 2.1 | 8.9 | 18.6 | 41.8 | 80.8 | 5.2 | 10.5 |
Aug | 2.0 | 9.4 | 19.6 | 36.8 | 78.1 | 5.7 | 13.2 |
Sept | 1.5 | 12.3 | 22.4 | 36.8 | 81.2 | 5.8 | 17.5 |
Oct | 2.0 | 14.8 | 24.1 | 41.4 | 84.1 | 6.0 | 21.0 |
Nov | 2.6 | 17.1 | 25.8 | 45.7 | 85.6 | 6.2 | 23.3 |
Dec | 2.0 | 18.9 | 27.4 | 46.7 | 86.4 | 6.2 | 24.6 |
source: Australian Government Bureau of Meteorology
11-04-2024 | $1,930,000 | 804 / 97 BROMPTON RD |
10-04-2024 | $450,000 | 5 / 64 ANZAC PDE |
10-04-2024 | $4,600,000 | 65 SAMUEL TERRY AVE |
09-04-2024 | $150,000 | 5 / 64 ANZAC PDE |
09-04-2024 | $1,205,000 | 502 / 1 GLOUCESTER PL |
08-04-2024 | $3,250,000 | 188 DONCASTER AVE |
02-04-2024 | $720,500 | 3 / 4 KENSINGTON RD |
02-04-2024 | $1,020,000 | 6 / 22 ROMA AVE |
02-04-2024 | $1,070,000 | 2 / 56 BORONIA ST |
02-04-2024 | $1,010,000 | 9 / 24 ADDISON ST |
27-03-2024 | $1,120,000 | 8 / 18 HOUSTON RD |
25-03-2024 | $2,715,000 | 11 DARLING ST |
25-03-2024 | $4,100,000 | 240 DONCASTER AVE |
22-03-2024 | $2,550,000 | 701 / 91 BROMPTON RD |
22-03-2024 | $1,200,000 | 20 / 1 GLOUCESTER PL |
22-03-2024 | $735,000 | 3 / 150 DONCASTER AVE |
20-03-2024 | $3,950,000 | 75 BROMPTON RD |
15-03-2024 | $1,600,000 | 2 / 76 ANZAC PDE |
15-03-2024 | $730,000 | 2 / 150 DONCASTER AVE |
14-03-2024 | $960,000 | 402 / 14 DARLING ST |
13-03-2024 | $1,150,000 | 601 / 47 ANZAC PDE |
12-03-2024 | $950,000 | 17 / 25 ALISON RD |
11-03-2024 | $3,500,000 | 66 TODMAN AVE |
04-03-2024 | $750,000 | 802 / 84 ANZAC PDE |
28-02-2024 | $1,830,000 | 1 / 95 BROMPTON RD |
23-02-2024 | $6,000,000 | 16 EASTERN AVE |
23-02-2024 | $847,000 | 35 / 56 ANZAC PDE |
20-02-2024 | $4,920,000 | 34 MILROY AVE |
16-02-2024 | $2,500,000 | 178 DONCASTER AVE |
15-02-2024 | $2,365,000 | 54 DUKE ST |
15-02-2024 | $1,003,000 | 89 MOORAMIE AVE |
15-02-2024 | $1,695,000 | 29 BORONIA ST |
12-02-2024 | $2,950,000 | 103 / 93 BROMPTON RD |
09-02-2024 | $1,260,000 | 304 / 2 GOODWOOD ST |
02-02-2024 | $450,000 | 2 / 46 BORONIA ST |
02-02-2024 | $6,000,000 | 203 DONCASTER AVE |
01-02-2024 | $4,300,000 | 8 LENTHALL ST |
31-01-2024 | $952,000 | 101 / 47 ANZAC PDE |
30-01-2024 | $4,760,000 | 37 MILROY AVE |
30-01-2024 | $952,500 | 9 / 11 BOWRAL ST |
25-01-2024 | $1,065,000 | 2 / 15 ANZAC PDE |
24-01-2024 | $3,850,000 | 10 WINKURRA ST |
24-01-2024 | $3,572,000 | 50 BROMPTON RD |
23-01-2024 | $850,000 | 17 / 76 LENTHALL ST |
23-01-2024 | $720,000 | 4 / 159 TODMAN AVE |
23-01-2024 | $450,000 | 165 DONCASTER AVE |
19-01-2024 | $705,000 | 14 / 76 LENTHALL ST |
19-01-2024 | $853,000 | 1 / 15 BARKER ST |
19-01-2024 | $2,075,000 | 1 / 27 BORONIA ST |
18-01-2024 | $975,000 | 1 / 85 DONCASTER AVE |
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