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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
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Sales Detail
Population
An assessment of population growth drivers in Kensington reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of May 2026, Kensington's population is approximately 14,590, reflecting a 23.5% increase since the 2021 Census, which reported a population of 11,809 people. This increase was inferred from the estimated resident population of 14,584 as of June 2025 and an additional 1 validated new address since the Census date. Kensington's population density is around 5,526 persons per square kilometer, placing it in the top 10% of national locations assessed by AreaSearch. This high density makes land in the area a highly-sought resource. Kensington's growth rate exceeded both the state's (7.1%) and SA4 region's rates since the 2021 Census, marking it as a regional growth leader. Overseas migration contributed approximately 96.5% of overall population gains during recent periods in Kensington.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year, and NSW State Government's SA2 level projections where applicable, released in 2022 with 2021 as the base year. Growth rates by age group are applied to all areas from these aggregations for years 2032 to 2041. Based on projected demographic shifts, Kensington is forecasted to have a significant population increase in the top quartile of national areas by 2041, with an expected growth of 4,066 persons, reflecting a total gain of 27.8% over the 16 years.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Kensington according to AreaSearch's national comparison of local real estate markets
Kensington has recorded approximately 37 residential properties granted approval annually. Over the past five financial years, from FY21 to FY25, around 188 homes were approved, with an additional two approved so far in FY26. Despite population decline, housing supply has remained adequate relative to demand, resulting in a well-balanced market with good buyer choice.
New properties are constructed at an average value of $504,000, indicating a focus on the premium segment by developers. This year, there have been $44.9 million in commercial approvals, suggesting strong commercial development momentum. Compared to Greater Sydney, Kensington shows comparable development activity per person, maintaining market balance consistent with the broader area. However, this activity is below average nationally, possibly due to planning constraints. Recent construction comprises 8.0% standalone homes and 92.0% townhouses or apartments, offering affordable entry pathways for downsizers, investors, and first-time purchasers.
Kensington has approximately 423 people per dwelling approval, reflecting an established area. By 2041, Kensington is expected to grow by 4,060 residents. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Development applications around Kensington (NSW)
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Kensington has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Over 54 infrastructure projects have been identified by AreaSearch as potentially impacting the area's performance. Major projects include Meriton Green Square Epsom Road Development, The Kensington by TOGA, Anson Group Anzac Parade Residential Development, and UNSW G25 Education Building. Below is a list detailing those likely to be most relevant.
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Frequently Asked Questions - Infrastructure
Green Square Town Centre
Green Square Town Centre is one of Australia's largest urban renewal projects, transforming a 278 hectare former industrial area in inner south Sydney into a high-density mixed-use precinct. When complete by 2030, it is planned to accommodate around 61,000 residents in approximately 33,000 dwellings and provide 21,000 to 22,000 jobs, just 3.5km from the Sydney CBD and 4km from Sydney Airport. The precinct holds a 6 Star Green Star Communities rating and includes the Green Square Library and Plaza, Gunyama Park Aquatic and Recreation Centre, the new Green Square Public School and Community Spaces, more than 40 parks, and one of Australia's largest urban stormwater recycling schemes servicing over 4,000 apartments. Stages 1 and 2 of the town centre, delivered by Mirvac (which acquired Landcom's interest in 2020), are complete with around 800 homes across eight buildings, including The Frederick, Portman on the Park, Portman House and seven Portman Street terraces finished through 2024. The final stages 3, 4 and 5 are now being assessed as State Significant Developments under the Housing Delivery Authority pathway, with around 1,825 additional homes proposed across nine buildings (511 build-to-rent, 800 build-to-sell apartments and 514 student accommodation units) at a combined development cost of about 1.23 billion dollars. Stage 3 (Sites 7, 17 and 18 at 960A Bourke Street, SSD-83899206) and Stages 4 and 5 (Sites 8 and 19 at 411 Botany Road, SSD-84322496) were on public exhibition in early 2026, with a mid-2026 construction start slated for the next stage. Public domain works include three new streets (Woolpack, Hinchcliffe and Barker Streets) and the Ngamuru Avenue connector.
One Global Gallery (formerly Eastlakes Live)
A $1 billion urban renewal project transforming the former Eastlakes Shopping Centre into a modern town centre. Stage 1 (The Grand Residences) is complete, featuring 133 luxury apartments and a retail precinct anchored by ALDI and Woolworths Metro. Stage 2, rebranded as One Global Gallery, is under construction and will deliver a 13,000sqm three-level retail and dining precinct with approximately 400 additional apartments and an 'eat street' dining destination.
Newmarket Randwick
A comprehensive mixed-use masterplanned community by Cbus Property spanning 5.5 hectares providing 642 residential dwellings, 2,300sqm of retail dining precinct, and integrated public plaza with community facilities at the historic former Inglis Newmarket Stables site. Features multiple architectural collections including Newmarket Residences, Young & Fennelly, Jane St Terraces, and The Chiltern Collection. Stage 1 completed in 2021, Stage 2 under construction with completion due in 2025, Stage 3 under construction started in 2025.
Acacia Apartments
A 257-apartment affordable housing development by City West Housing at 330-332 Botany Road, Alexandria (opposite Green Square Station). All units dedicated to affordable rental housing in perpetuity. Stage 2 DA approved December 2024, now under construction.
UNSW G25 Education Building
An 11-storey, future-focused education building for UNSW Sydney on the current G25 at-grade carpark. The project delivers approx. 20,200 sqm GFA of teaching and learning spaces, large-capacity lecture venues, informal student areas, and upgraded public realm at Gate 11 with new plaza and improved connectivity across the upper campus.
207 Young Street Waterloo
Mixed-use build-to-rent precinct on the corner of Danks and Young Street delivering about 400 rental apartments and ~2,500 sqm of retail. Part of the Danks Street precinct revival, close to Green Square Station and the future Waterloo Metro.
IGLU Student Village UNSW
A $228 million student accommodation complex with 1066 student beds across five buildings (up to 23 storeys) including UNSW university space, ancillary retail, new communal and publicly accessible open space, and basement car parking.
Nouveau
DA approved mixed use project comprising 57 apartments over 9 storeys with two ground floor retail tenancies. Originally assembled by Moorgate and sold in mid 2018 to Avance Property, the site (1,602 sqm) continues to be marketed as a DA approved development opportunity. A Randwick City Council planning agreement for DA/672/2019 was adopted in Dec 2022. Colliers ran an EOI campaign closing 18 Sep 2024 to transact the site.
Employment
The labour market in Kensington shows considerable strength compared to most other Australian regions
Kensington has an educated workforce with significant representation in the technology sector. Its unemployment rate was 3.1% as of December 2025. The area experienced estimated employment growth of 3.8% over the past year.
As of December 2025, 8,876 residents were employed, with an unemployment rate of 1.0%, lower than Greater Sydney's rate of 4.2%. Workforce participation was on par with Greater Sydney's 68.8%. According to Census responses, 51.2% of residents worked from home. Employment is concentrated in professional & technical, health care & social assistance, and education & training sectors.
Kensington has particularly high employment levels in education & training, at 1.5 times the regional average. Conversely, manufacturing shows lower representation at 2.7%, compared to the regional average of 5.7%. The ratio of workers to residents was 0.8 as of the Census, indicating a level of local employment opportunities above the norm. Over the 12 months to December 2025, employment increased by 3.8% while labour force increased by 3.4%, reducing the unemployment rate by 0.4 percentage points. This contrasts with Greater Sydney where employment grew by 2.2%, labour force expanded by 2.3%, and unemployment rose marginally. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kensington's employment mix suggests local employment should increase by 7.2% over five years and 14.4% over ten years, though this is a simplified extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis
AreaSearch's aggregation of ATO data for financial year 2023 shows Kensington SA2 had a median taxpayer income of $60,337 and an average income of $90,210. These figures are among the highest in Australia, compared to $60,817 and $83,003 respectively for Greater Sydney. Based on Wage Price Index growth of 10.32% since financial year 2023, estimated incomes as of March 2026 would be approximately $66,564 (median) and $99,520 (average). According to the 2021 Census, Kensington's household, family, and personal incomes are at the 73rd percentile nationally. Income analysis reveals that 32.2% of individuals earn between $1,500 - $2,999 weekly, mirroring the region where 30.9% fall into this bracket. The district shows affluence with 32.9% earning over $3,000 per week, supporting premium retail and services. High housing costs consume 19.1% of income, but strong earnings place disposable income at the 68th percentile nationally. Kensington's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
Kensington features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
The dwelling structure in Kensington, as per the latest Census, consisted of 20.5% houses and 79.6% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In comparison, Sydney metropolitan area had 55.9% houses and 44.1% other dwellings. Home ownership in Kensington stood at 24.6%, with the remaining dwellings either mortgaged (19.0%) or rented (56.4%). The median monthly mortgage repayment in Kensington was $2,800, higher than Sydney metro's average of $2,427. The median weekly rent figure for Kensington was recorded at $500, compared to Sydney metro's $470. Nationally, Kensington's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Kensington features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households account for 59.7% of all households, including 23.0% couples with children, 27.1% couples without children, and 7.6% single parent families. Non-family households constitute the remaining 40.3%, with lone person households at 30.6% and group households comprising 9.7%. The median household size is 2.3 people, which is smaller than the Greater Sydney average of 2.7.
Frequently Asked Questions - Households
Local Schools & Education
Kensington shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Kensington's educational attainment exceeds national and state averages. Among residents aged 15+, 51.0% have university qualifications, compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are most prevalent at 32.0%, followed by postgraduate qualifications (16.4%) and graduate diplomas (2.6%). Vocational pathways account for 19.8%, with advanced diplomas at 9.7% and certificates at 10.1%.
Educational participation is high, with 39.2% currently enrolled in formal education. This includes 21.9% in tertiary, 6.3% in primary, and 4.5% in secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Kensington has 51 active public transport stops offering a mix of lightrail and bus services. These stops are served by 30 individual routes, collectively facilitating 13,075 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 119 meters from the nearest stop. As a primarily residential area, most commuters travel outward. The dominant mode of transport is car at 55%, followed by bus at 15% and walking at 10%. Vehicle ownership averages 0.7 per dwelling, below the regional average.
According to the 2021 Census, 51.2% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 1,867 trips per day across all routes, equating to approximately 256 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Kensington's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Kensington's health outcomes show excellent results according to AreaSearch's analysis of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups. Approximately 66% of Kensington's total population (9,614 people) have private health cover, which is higher than Greater Sydney's 59.9%.
Nationally, this figure stands at 55.7%. Mental health issues and asthma are the most common medical conditions in Kensington, affecting 7.0% and 6.1% of residents respectively. A total of 77.2% of residents declare themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney. Kensington has 10.2% of residents aged 65 and over (1,494 people), which is lower than Greater Sydney's 15.5%. Health outcomes among seniors in Kensington are particularly strong, aligning with national rankings for the general population.
Frequently Asked Questions - Health
Cultural Diversity
Kensington is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Kensington's population shows high linguistic diversity, with 41.1% speaking a language other than English at home and 47.7% born overseas. Christianity is the predominant religion in Kensington, representing 43.7% of its population. Notably, Judaism is overrepresented in Kensington compared to Greater Sydney, comprising 3.6% versus 0.8%.
In terms of ancestry, the top groups are Other (16.5%), English (16.0%), and Australian (14.6%). Some ethnic groups have significant representation: Russian at 1.0% (regional average is 0.4%), Spanish at 1.0% (0.6%), and Greek at 4.8% (1.9%).
Frequently Asked Questions - Diversity
Age
Kensington hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Kensington's median age is 29, which is significantly lower than Greater Sydney's figure of 37 and Australia's median of 38. Compared to Greater Sydney, Kensington has a higher proportion of residents aged 15-24 (31.8%) but fewer residents aged 5-14 (5.7%). This concentration of 15-24 year-olds is notably higher than the national average of 12.7%. Between 2021 and the present, Kensington's median age has decreased by 3 years to 29, suggesting a shift towards a younger demographic. Key changes during this period include the 15-24 age group growing from 21.3% to 31.8% of the population, while the 25-34 cohort increased from 21.1% to 23.4%. Conversely, the 45-54 age group declined from 10.3% to 7.7%, and the 55-64 group dropped from 8.5% to 6.3%. Population forecasts for Kensington in 2041 indicate substantial demographic changes, with the strongest projected growth in the 25-34 age cohort at 31%, adding 1,040 residents to reach a total of 4,450.