Kensington QLD 4670: Property Market Report & Real Estate Insights

Part of Bundaberg, QLD

Kensington Real Estate Market Outlook

Thinking about buying in Kensington? Now could not be a better time, with 539 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $487,000 with prices in this suburb ranging from $157,000 to $1,831,000. The approximate distance to the coast is 14 Km.

Living in Kensington

Consistent high demand relative to supply is a key feature in Kensington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kensington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Kensington provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Kensington necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Kensington, a suburb in Bundaberg, Queensland, offers a unique blend of suburban peace and accessibility to city amenities, making it an attractive location for both families and retirees. The housing market in Kensington is characterized by its affordability compared to larger metropolitan areas, with a mix of modern homes and charming older properties. This suburban enclave is popular among homebuyers seeking larger land sizes and a quieter lifestyle. The ongoing growth in Bundaberg has positively impacted Kensington, with the area seeing steady development in infrastructure and community facilities, further sharpening its appeal to potential buyers. Furthermore, the suburb's proximity to the Bundaberg CBD ensures that residents have convenient access to shopping centers, schools, and healthcare services, enhancing the overall living experience.

Living in Kensington offers residents a friendly and relaxed community atmosphere. The suburb is a great spot for families due to its combination of spacious properties and nearby parks and recreational facilities, such as the Baldwin Swamp Environment Park. This natural setting provides opportunities for outdoor activities like walking, cycling, and bird watching. Additionally, Kensington's location allows for easy weekend escapes to the nearby coast, where beautiful beaches await. The community vibe is strong, with residents often engaging in local events and markets, fostering a sense of belonging and connectedness. Overall, Kensington combines the charm of suburban living with the convenience and lifestyle benefits of being close to a regional city, appealing to a wide range of residents looking for a balanced and fulfilling lifestyle.

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