Market snapshot
Suburb insights for Kensington3031
Change suburbKensington, approximately 4 km northwest of the Melbourne CBD, is a compact, heritage-laden suburb renowned for its Georgian wrought-iron terraces and thriving café culture. It features quiet, tree-lined streets, boutique shops, local parks, and strong transport connectivity. Ideal for families and professionals, it combines suburban charm with city-edge convenience.
Recent sales and auction results in Kensington
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 40 The Ridgeway , Kensington | 3 |  | House | Private Sale | 8/01/2026 | Jellis Craig | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
-8.5%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $1,015,500 | $940,000 |
| 3 | $1,182,500 | $851,000 |
| 4 | $1,366,750 | $970,000 |
| Insight | Kensington | Metro comparison |
|---|---|---|
| Clearance rate | 88.9% | 77.8% |
| Days on market | 34 | 36 |
Rental data
Median weekly rent
$695
Rental yield
3%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Kensington | Metro comparison |
|---|---|---|
| 2 | $650 | $585 |
| 3 | $775 | $550 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.