Kensington (VIC 3031): property prices & suburb profile
Melbourne LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Kensington property prices
The typical Kensington house sold for around $1,115,000 in the year to 2025-Q4, +48.7% over 10 years and +12.2% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $690,000 | $439,000 |
| 2014 | $737,500 | $431,500 |
| 2015 | $823,500 | $476,000 |
| 2016 | $908,000 | $459,000 |
| 2017 | $1,019,000 | $500,000 |
| 2018 | $1,020,000 | $511,000 |
| 2019 | $978,000 | $519,000 |
| 2020 | $1,106,500 | $531,000 |
| 2021 | $1,165,000 | $540,000 |
| 2022 | $1,200,000 | $550,000 |
| 2023 | $1,045,000 | $492,500 |
| 2024 | $1,097,000 | $529,500 |
| Apr 2024 | $1,181,500 | $529,000 |
| July 2024 | $1,014,000 | $530,000 |
| Oct 2024 | $1,050,000 | $560,000 |
| 2025 | $1,048,000 | $482,000 |
| Apr 2025 | $1,138,300 | $502,500 |
| July 2025 | $1,200,000 | $438,000 |
| Oct 2025 | $1,074,000 | $457,600 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Kensington medians by quarter
The most recent quarter on record for Kensington is 2025-Q4.
| 2025-Q4 | Unit | $458k | 48 |
| 2025-Q4 | House | $1.07M | 40 |
| 2025-Q3 | Unit | $438k | 35 |
| 2025-Q3 | House | $1.20M | 32 |
| 2025-Q2 | Unit | $503k | 50 |
| 2025-Q2 | House | $1.14M | 28 |
| 2025-Q1 | Unit | $482k | 30 |
| 2025-Q1 | House | $1.05M | 26 |
| 2024-Q4 | Unit | $560k | 45 |
| 2024-Q4 | House | $1.05M | 44 |
| 2024-Q3 | Unit | $530k | 33 |
| 2024-Q3 | House | $1.01M | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Kensington
Kensington has a median age of 35 and a median household income of $2,216 a week.
- Figures labelled Kensington are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Kensington (Vic.)" and postcode 3031 both extend beyond Kensington.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Kensington
The 3 schools in Kensington sit at the 95th percentile nationally on ACARA's socio-educational index.
| Holy Rosary School | Catholic | Primary | 1,149 |
| Kensington Community High School | Government | Secondary | 1,008 |
| Kensington Primary School | Government | Primary | 1,153 |
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Kensington
Kensington's typical house price of $1,115,000 is the lowest of the 22 Melbourne Inner suburbs we cover.
Albert Park 3206
$2,309,000 typical house price
Armadale 3143
$2,643,000 typical house price
Balaclava 3183
$1,402,000 typical house price
Carlton 3053
$1,542,000 typical house price
Collingwood 3066
$1,321,000 typical house price
Docklands 3008
$573,000 typical unit price
Elwood 3184
$2,203,000 typical house price
Fitzroy 3065
$1,575,000 typical house price
Kensington: common questions
- How much does a house cost in Kensington?
- About $1,115,000 across the 12 months to 2025-Q4, from 126 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Kensington prices gone up?
- Prices have risen 48.7% over 10 years and moved +12.2% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Kensington?
- The typical unit price was around $472,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 163 sales.
- Can I see Kensington prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Kensington?
- Kensington has 3 ACARA-registered schools: Holy Rosary School, Kensington Community High School, Kensington Primary School.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.