10.30.2019 Suburb Spotlight

Suburb Spotlight: Kensington

Suburb Spotlight: Kensington

Just six kilometres from the CBD, this south-eastern Sydney suburb, fondly referred to by locals as ‘Kenso’, is home to University of NSW (UNSW), the National Institute of Dramatic Art (NIDA), and plenty of excellent, affordable eateries.

It’s also strolling distance to Moore Park, Centennial Park and the Randwick Racecourse, with easy access to some of Sydney’s best beaches.

Modelled on the distinguished London suburb from which it takes its name, Kensington has charming, tree-lined streets, wide footpaths, and plenty of tranquil green spaces in and around it.

With a mix of medium and high-density housing, there are a wide range of property types to choose from in Kensington, with newer units having sprung up alongside older traditional semi-detached houses and established family homes.

Population snapshot: Who lives in Kensington

As of 2016 Census, there were 15,004 people living in Kensington. Of these, 50.2% were male and 49.8% were female. The area’s inhabitants skew younger than in some Sydney suburbs, no doubt due to it being a university suburb, with the median age recorded as 26 in the Census. However, it’s also popular with families and young professionals who are drawn to its parkside leafiness and proximity to the CBD.

Sales price snapshot: Property prices rising

Median property prices over 2019 in Kensington have seen houses reach $2,600,000 and units hitting $775,500. Based on five years of sales, Kensington has seen a compound growth rate of 7.6% for houses and 1.7% for units.

Five reasons locals love it

Sydney Light Rail
The construction of the CBD and South East Light Rail has been a terrific development for Kensington residents, offering the promise of better and faster connection to the city and Circular Quay, as well as Randwick and Kingsford.

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A higher education hub, Kensington is home to both the University of New South Wales and the National Institute of Dramatic Art (NIDA) giving it a buzzing, youthful and multicultural energy and the opportunity to enjoy theatrical productions at NIDA.

Nearby leisure activities
A flutter at the races is always near to hand with Kensington adjoining the racecourse at Randwick. Keen golfers love the fact that a world-class club, the Australian Golf Club, is also close by on the border with Rosebery.

Parklands and beaches
Kensington is not short in outdoor appeal, being on the border of the sprawling Centennial Parklands, as well as home to Kensington Park – a large park with an oval, sports fields, outdoor gym and a community centre. The suburb is also approximately thirty-minutes walking distance or a short drive to some of Sydney’s most breathtaking beaches.

Great eat streets
Kensington’s young, multicultural student population are likely responsible for the plethora of great ethnic eateries to be enjoyed here, from cheap and cheerful Chinese dumpling houses to some of the city’s best Malaysian and Indonesian fare.

If Kensington is on your watch list, don’t hesitate to get in touch with our team today.