Kensington Park
At 1.1 square kilometres with only 2,627 residents, Kensington Park commands a median house price of $2,518,000, placing it among Adelaide's most expensive pockets. The education profile is striking: 60.7% of residents hold university qualifications, which is 30.6 percentage points above the national figure. Household income sits at the 77.2nd percentile nationally, yet monthly mortgage repayments average just $2,300 because the long-held ownership base carries little debt. The crime rate of 19.4 incidents per 1,000 residents is low, and 78.6% of residents stayed in the same dwelling over the prior five years, signalling that those who arrive rarely leave.
Population
2,627
Median Age
42.0
Household IncomeiMedian weekly household income (ABS Census)
$2,058/wk
DAs (12 months)iDevelopment Applications lodged in the past year
42
Median House
$2.5M
Median 1Q 2026
The median house price of $2,518,000 in Q1 2026 reflects a 9.9% correction from the $2,795,000 peak reached in Q1 2025, so buyers entering now acquire at a notable discount to the recent high. Separate houses account for 68.4% of stock, higher than many inner-ring suburbs at this price point, with semi-detached dwellings at 25.5% and apartments at only 5.5%. The bedroom split favours families: 39.3% of dwellings have three bedrooms and 30.2% have four or more. Monthly mortgage repayments average $2,300, producing a mortgage-to-income ratio of 25.8%, below the 30% stress threshold despite a premium price, because most buyers bring substantial equity. Outright owners account for 43.4% of households, well above the national average.
For Buyers
The median house price of $2,518,000 in Q1 2026 reflects a 9.9% correction from the $2,795,000 peak reached in Q1 2025, so buyers entering now acquire at a notable discount to the recent high. Separate houses account for 68.4% of stock, higher than many inner-ring suburbs at this price point, with semi-detached dwellings at 25.5% and apartments at only 5.5%. The bedroom split favours families: 39.3% of dwellings have three bedrooms and 30.2% have four or more. Monthly mortgage repayments average $2,300, producing a mortgage-to-income ratio of 25.8%, below the 30% stress threshold despite a premium price, because most buyers bring substantial equity. Outright owners account for 43.4% of households, well above the national average.
For Investors
With weekly rent at $350 against a $2,518,000 median, the gross rental yield is below 1%, positioning Kensington Park as a capital-growth rather than income play. The renter share of 28.2% is moderate, and a vacancy rate of 6.4% indicates the rental pool is looser than the ownership market. Rent-to-income at 17% keeps tenants financially comfortable, reducing churn risk. Development activity recorded 36 applications in the past 12 months, moderate for a suburb this size, with recent examples including semi-detached land divisions. The overseas-born share of 33.6% is 12 percentage points above national, and Mandarin is the top non-English language, suggesting continued overseas buyer and tenant demand from that cohort.
Development Activity
Total DAs
190
Last 12 Months
42
YoY ChangeiYear-over-year change in DA lodgements
+35.5%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Kensington Park iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Pembroke School
R-12 · 1672 students
Demographics
The median age of 42 is 2 years above the national figure, reflecting an established, professionally mature population. University qualifications reach 60.7%, which is 30.6 percentage points above the national average, the highest-educated tier in practical terms. The overseas-born share of 33.6% is 12 percentage points above national, led by Chinese ancestry (343 residents) alongside English (872), Italian (266) and Irish (243). Mandarin is spoken by 105 residents. Average household size is 2.5, matching the national figure, but the family composition leans toward couples: 788 couples have children and 550 are couples without children, with 2,038 total families. The volunteering rate of 22% indicates strong community participation.
Age Distribution
Bedrooms
Dwelling Structure
68.4%
Houses
25.5%
Townhouse
5.5%
Apartment
Tenure
The price correction from $2,795,000 to $2,518,000 between Q1 2025 and Q1 2026, a fall of 9.9%, is the dominant market story. Despite that, the ownership base is deeply entrenched: 43.4% own outright, 28.5% carry a mortgage and 28.2% rent. Outright owners outnumbering mortgage holders by a wide margin signals a suburb where most housing wealth is already paid off rather than leveraged. Three-bedroom homes account for 39.3% of stock and four-plus-bedroom for 30.2%, making it family-oriented at the stock level. The vacancy rate of 6.4% is elevated compared to tightly held inner-Adelaide suburbs, pointing to selective demand rather than a broad rental market. Rent at $350 per week is modest relative to the purchase price.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,300
Rent / wk
$350
HH Size
2.5
Personal Income / wk
$888
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.4%
Unoccupied
67
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
17.0%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
27.0%
Couples, no children
2,038
Total families
Economy & Employment
Healthcare is the largest employing industry at 22.2% of workers (224 residents), followed by Education at 15.2% (154) and Professional/Technical services at 14.3% (145), a knowledge-economy cluster that explains why 60.7% of residents hold university qualifications. By occupation, Professionals dominate with 490 workers, and Managers number 207, consistent with a suburb whose household income ranks at the 77.2nd percentile nationally. Public Administration accounts for 7% of employment. The unemployment rate is 5.4% and full-time employment reaches 59% of those employed, with 515 part-time workers. SEIFA decile data is not available for this suburb at the SA2 level in this dataset, but income and occupation structure point to mid-to-high advantage.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.0%
Part-time
35.6%
Participation
59.5%
Employed
1,257
Occupations
Top Industries
University
60.7%
Postgraduate
20.6%
Born Overseas
33.6%
Dwellings
987
Transport to Work
Car use is high at 77.1% of commuters using a vehicle, while public transport accounts for 8.4% and walking or cycling 8%, which is reasonable for an inner-Adelaide suburb at this density. The crime rate of 19.4 incidents per 1,000 residents is notably low. Only 4.4% of residents (112 people) need daily assistance with core activities, a figure well below national rates typically found in lower-decile suburbs. Rent-to-income at 17% is comfortably below the 30% stress threshold, keeping the renter cohort stable. No schools are recorded within the suburb boundary in this dataset, so families rely on nearby institutions in neighbouring Kensington, Norwood and surrounding suburbs. The 22% volunteering rate is above average nationally.
Drive
77.1%
Public Transport
8.4%
Walk / Cycle
8.0%
Work from Home
N/A
Safety & Crime
Total Offences
51
Year ending June 2024
Rate per 1,000 People
19.4
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Kensington Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Kensington Park a good suburb to live in?
Kensington Park scores well across multiple indicators. The crime rate of 19.4 per 1,000 residents is low, household income sits at the 77.2nd percentile nationally, and 60.7% of residents hold university qualifications, which is 30.6 percentage points above national. The main trade-off is the $2,518,000 median house price, which limits accessibility for buyers without substantial equity.
What is the median house price in Kensington Park?
The median house price is $2,518,000 as of Q1 2026, down 9.9% from the Q1 2025 peak of $2,795,000. Weekly rent averages $350 and monthly mortgage repayments are approximately $2,300, giving a mortgage-to-income ratio of 25.8%.
What schools are in Kensington Park?
No schools are recorded within the Kensington Park boundary in this dataset. Families typically access schools in neighbouring suburbs including Kensington, Norwood and Burnside. The local population is highly educated, with 60.7% of residents holding university qualifications, which is 30.6 percentage points above the national average.
Is Kensington Park safe?
Kensington Park has a crime rate of 19.4 incidents per 1,000 residents, which is low by Adelaide inner-ring standards. The suburb's low-crime identity is reinforced by an affluent, stable population: 78.6% of residents remained in the same dwelling over the five-year census period and only 4.4% require daily assistance.
Is Kensington Park good for property investment?
The rental yield is modest, with $350 weekly rent against a $2,518,000 median implying a gross yield below 1%. Vacancy sits at 6.4%, above tightly held inner-suburb norms. The case for investment rests on capital preservation in a low-turnover suburb and long-term demand from the 33.6% overseas-born population, which is 12 percentage points above national.
How is Kensington Park's population changing?
The population of 2,627 is stable and slow-moving. A turnover rate of just 21.4% over five years indicates that 78.6% of residents stayed put, well above the national churn rate. Development activity of 36 applications in 12 months is measured, focused on incremental infill such as semi-detached land divisions rather than large-scale densification.
What languages are spoken in Kensington Park?
About 33.6% of residents were born overseas, which is 12 percentage points above the national figure. Mandarin is the most common non-English language with 105 speakers, followed by Italian (35), Cantonese (26) and Greek (13), reflecting the suburb's Chinese and Southern European heritage communities.
How much development is happening in Kensington Park?
There were 36 development applications lodged in the past 12 months, a moderate level for a 1.1 square kilometre suburb. Recent applications include semi-detached land divisions and single-dwelling additions, rather than high-density apartment projects, consistent with a suburb that is densifying gradually through infill.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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