Your suburb, scored · Data as of Oct 2026

Kensington, VIC

Postcode 3031 · Melbourne council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 87 / 100 — ranked #2,083 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$1,230,000

Up 1.2% over the past 12 months of settled sales.

Median weekly rent$740/wk

That's a gross yield of 3.1% at the current median price.

Vacancy rate3.7%

Above the 1.5% line where the rental market starts to loosen.

Investment analysisIs Kensington a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →

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Best Streets in Kensington, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Kensington's streets below.

Other High-Scoring Suburbs in Melbourne (VIC)

IndicatorKensington ReadingContext & Benchmark
Ripehouse R-Score87 / 100Ranked #2,083 of 15,286 Australian suburbs (Oct 2026)
Median House Price$1,230,000+1.2% over the past 12 months of settled sales
Median Weekly Asking Rent$740/wkImplies a 3.1% gross rental yield at the current median price
Rental Vacancy Rate3.7%Above the 1.5% tight-supply threshold
Median Days on Market34 daysPart of Melbourne (VIC) council area (LGA avg R-Score 91/100)

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Kensington VIC FAQs

Frequently Asked Questions: Investing in Kensington, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Kensington.

Is Kensington VIC a good suburb for property investment in 2026?

As of Oct 2026, Kensington (VIC 3031) scores 87/100 on the Ripehouse R-Score, ranking #2,083 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $1,230,000, median rent of $740/wk, gross yield of 3.1%, and vacancy of 3.7%.

What is the median house price and 12-month growth in Kensington VIC?

The current median property price in Kensington (VIC) is $1,230,000 (Oct 2026), representing a +1.2% change over the past 12 months. Properties in Kensington currently spend a median of 34 days on market.

What is the rental yield and vacancy rate in Kensington VIC?

In Kensington (VIC), the median weekly asking rent is $740/wk, producing a gross rental yield of 3.1%. The suburb vacancy rate is 3.7% as of Oct 2026.

What are the best streets in Kensington VIC?

Ripehouse Advisory scores every G-NAF street in Kensington against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Kensington Street Score tool on this page to compare individual streets.

Which council area (LGA) is Kensington VIC located in?

Kensington (VIC, postcode 3031) is located in the Melbourne council area (LGA) within Greater Melbourne. Across Melbourne, the council-wide average R-Score is 91/100 across 10 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.