Kensington is Melbourne's most authentic inner-west village — a beautifully evolved suburb of Victorian workers' cottages and converted warehouses where the Kensington Banks residential development along the Moonee Ponds Creek Corridor, Macaulay Road's rising hospitality scene, and train access to CBD deliver an increasingly desirable combination of affordability and inner-city lifestyle. The suburb's ongoing gentrification — driven by artists and professionals priced out of Fitzroy and Collingwood — is creating significant sustained capital growth. At the current $1.1m median house price, an 80% loan at 6.25% over 30 years is about $5,418 per month.
| Median house price | $1,100,000 |
|---|---|
| Median unit price | $680,000 |
| Estimated monthly repayment | $5,418 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 3.5% |
| Typical days on market | 15 |
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