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Kensington Grove, QLD 4341

Home » QLD Real Estate Data » Lockyer Valley Regional, QLD » Kensington Grove, QLD 4341

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kensington Grove, QLD 4341 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

2BR

3BR

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5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Kensington Grove, QLD 4341”

  1. The total adult population (15 years or older) of Kensington Grove 4341 QLD is 1,583, with a median age of 37. Of those, 51.93% are married, 10.99% are divorced or separated, 34.18% are single and 2.91% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $8,368. The median monthly mortgage repayment for households in this suburb is $1,690 which is 20.20% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of Kensington Grove 4341, nestled in QLD, is home to an estimated 881 households, as of Q3 2023. The property market in Kensington Grove boasts typical house prices averaging out at $727,352. These homes see a median weekly rent of $541, culminating in an indicative yield of approximately 3.87%. If you’re a cashflow-centred property investor looking for attractive market requirements, this yield breaches the minimum market requirement of 3%, marking Kensington Grove as an excellent prospect for investment.

    In terms of socio-economic health, Kensington Grove presents an IRSAD score of 954 out of 1217, reinforcing an overall strong economic context. The area’s renter to owner ratio stands at 10%, well below the undesirable threshold of 30%, demonstrating a low saturation of rental properties. This balance facilitates the potential for higher long-term returns, reducing investment risk and competition.

    The unit to house ratio is 0%, indicating a market beneficially lacking in unit oversaturation. Here, property investors generally enjoy less competition for tenants, assisting in maintaining higher rental yields. With no units on offer, Kensington Grove attracts a higher incidence of families likely to embrace longer tenancy periods.

    However, the suburb’s affordability index calculates to 34 years, exceeding the less favoured bracket of 31 years and highlighting a slightly decreased affordability. Still, it’s important to bear in mind that market desirability can also reflect less affordable areas, which are often tied to richer amenities and services that attract buyers.

    In terms of supply, the stock on market percentage for houses is 1.48%, placing this suburb in a slightly high supply category. The inventory level for houses rates at 4.88 months, suggesting a relatively absorbent market for new listings, albeit marking a high supply market. The building approvals ratio stands at 0.0%, indicating no significant increase in new dwelling stock supply.

    Kensington Grove houses spend an average of 86 days on the market, which is slightly above the optimal threshold but does not extinguish the suburb’s investment potential. The combined houses and units vacancy rate is a healthy 2.22%, categorising the area as one with neutral demand. Lastly, the buy search index for houses is measuring at a solid 5, indicating a balanced interest and demand for Kensington Grove properties.

    Overall, Kensington Grove’s property market reflects a healthy mix of market attributes that position it as a competitive investment choice. The area benefits from strong socio-economic scores, appealing rental investment ratios and a balanced market demand. Nevertheless, vigilance on trends and continuous review of metrics – such as our Relative Composite Score – remains fundamental for informed property investment.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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