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Kensington
Inner Melbourne · VIC
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URBANOS SCORE
Our model19/100
Our proprietary model — yield, supply pipeline, price growth, infrastructure and CBD proximity for new build investors
↓ Below Melbourne average·more data may improve this score as imports run
KEY METRICS
Gross yield
4.86%
Median rent / wk
$470
1yr price growth
-5%
Median unit price
$503k
Distance CBD
3.8km
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Data last updated: June 2026·Sources: CAV rent bonds, Valuer General, ABS Census, Victorian UDP·Stats reflect all properties in the suburb — new builds typically achieve higher yields and prices than the suburb median.
INFRASTRUCTURE & GROWTH DRIVERS
Development Activity Monitor (City of Melbourne): 1 development under construction, 8 approved.
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Active developments (12)
402 MACAULAY ROAD
Under construction~ Likely Eligible
$ – $
362 of 362 available
352 MACAULAY ROAD
Off the plan~ Likely Eligible
$ – $
441 of 441 available
62 RANKINS ROAD
Off the plan~ Likely Eligible
$ – $
14 of 14 available
2-22 GATEHOUSE DRIVE
Off the plan~ Likely Eligible
$ – $
69 of 69 available
51-61 HARDIMAN STREET
Off the plan~ Likely Eligible
$ – $
64 of 64 available
21-37 BARRETT STREET
Off the plan~ Likely Eligible
$ – $
107 of 107 available
2-22 GATEHOUSE DRIVE
Off the plan~ Likely Eligible
$ – $
69 of 69 available
51-61 HARDIMAN STREET
Off the plan~ Likely Eligible
$ – $
64 of 64 available
21-37 BARRETT STREET
Off the plan~ Likely Eligible
$ – $
107 of 107 available
51-61 HARDIMAN STREET
Off the plan~ Likely Eligible
$ – $
64 of 64 available
2-22 GATEHOUSE DRIVE
Off the plan~ Likely Eligible
$ – $
69 of 69 available
21-37 BARRETT STREET
Off the plan~ Likely Eligible
$ – $
107 of 107 available