Kensington among the fastest selling Melbourne suburbs

Kensington among the fastest selling Melbourne suburbs
Kensington among the fastest selling Melbourne suburbs

The Melbourne suburb of Kensington is among the nation's top 10 fastest selling suburbs, according to Investar’s latest report.

The property data firm says that houses in Kensington spend 39 days on the market before sale.

Suburb

State

Postcode

Dwelling

Bedrooms

Days on market

Current median price

Croydon Park

NSW

2133

Unit

Studio and 1

38

$412,500

Kensington

VIC

3031

House

2

39

$775,000

Bowden

SA

5007

Unit

Studio and 1

40

$340,000

Annandale

NSW

2038

House

4

41

$2,500,000

Woolloomooloo

NSW

2011

Unit

Studio and 1

41

$800,000

Beecroft

NSW

2119

House

3

42

$1,350,000

Fairlight

NSW

2094

Unit

2

42

$900,000

Narraweena

NSW

2099

House

3

43

$1,250,000

Caulfield South

VIC

2162

House

3

44

$1,100,000

Allambie Heights

NSW

2100

House

3

45

$900,000

A two bedroom house at 16 Altona Street (above) spent 26 days on the market before being sold recently for $1.11 million.

Another example is a two bedroom house at 33 Chelmsford Street (below) that spent 37 days on the market before being sold for $903,000.

Kensington among the fastest selling Melbourne suburbs

The median price of houses in Kensington is $960,000, which is an increase of $55,000 from last year’s median price of $905,000.

Kensington is a popular suburb with 894 more website listing visits than most other suburbs in Victoria.

Independent residents make up the majority of residents in Kensington.

Tags: 
Kensington Investar

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