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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
An assessment of population growth drivers in South Perth - Kensington reveals an overall ranking slightly below national averages considering recent, and medium term trends
South Perth - Kensington's population is 19,251 as of November 2025. This shows an increase of 2,025 people since the 2021 Census, which reported a population of 17,226. The growth was inferred from ABS estimates and new addresses data. The population density is 2,480 persons per square kilometer, placing it in the upper quartile nationally. South Perth - Kensington's growth rate of 11.8% since the Census exceeded the national average of 8.9%. Overseas migration contributed approximately 90.8% of overall population gains recently.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, and growth rates by age cohort from the ABS's Greater Capital Region projections released in 2023 based on 2022 data. Future trends project an above median population growth, with the area expected to expand by 2,439 persons to 2041, a gain of 11.5% over 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions South Perth - Kensington among the top 25% of areas assessed nationwide
South Perth - Kensington has averaged approximately 141 new dwelling approvals annually over the past five financial years, from FY21 to FY25. A total of 705 homes were approved during this period, with an additional 20 approved in FY26 so far. On average, each dwelling constructed has accommodated around 1.9 new residents per year over these years, indicating a balanced supply and demand scenario that has maintained stable market conditions. However, recent figures show an acceleration to 5.9 people per dwelling over the past two financial years, suggesting increasing demand and tightening supply.
The average construction value of new homes is $598,000, indicating developers are targeting the premium market segment with higher-end properties. Commercial approvals this financial year have reached $45.2 million, reflecting robust local business investment. Compared to Greater Perth, South Perth - Kensington has shown slightly more development activity, averaging 22.0% above the regional average per person over the past five years. This has maintained good buyer choice while supporting existing property values. However, building activity has slowed in recent years.
The current new building activity shows a significant skew towards compact living, with 18.0% detached dwellings and 82.0% townhouses or apartments. This shift reflects reduced availability of development sites and addresses shifting lifestyle demands and affordability requirements, marking a considerable change from the current housing mix which is currently 45.0% houses. With around 338 people per dwelling approval, South Perth - Kensington shows a developing market with population forecasts indicating an increase of 2,213 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
South Perth - Kensington has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally
Area infrastructure significantly impacts performance. AreaSearch identified 49 potential influence projects. Notable ones are Riva Como, The Pearl, Lumiere South Perth, One Richardson. Below details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
METRONET
METRONET is Western Australia's largest-ever public transport infrastructure program, delivering over 72 kilometres of new passenger rail and 23 new stations across the Perth metropolitan area. As of December 2025, multiple stages are complete or nearing completion: Yanchep Rail Extension (opened July 2024), Morley-Ellenbrook Line (opened December 2024), Thornlie-Cockburn Link (opened June 2025), and Byford Rail Extension (opened October 2025). Remaining projects including the Airport Line upgrades, Victoria Park-Canning Level Crossing Removal (six crossings removed by late 2025), Circle Route Bus Priority, and final stages of the Ellenbrook Line are under active construction, with the overall program on track for substantial completion by 2027-2028. The program also includes 246 locally built C-series railcars, high-capacity signalling, and extensive station precinct activation.
Edith Cowan University City Campus
Australia's first comprehensive inner-city university campus spanning 11 super-levels and 65,000 square metres. It reached its full structural height in late 2024 ('top out' milestone), with internal fit-out continuing in 2025. The campus will house the Western Australian Academy of Performing Arts (WAAPA), School of Business and Law, creative industries programs, and emerging technology faculties, including a Cyber Security Operations Center. Key features include six world-class WAAPA performance venues, a dynamic digital media facade with over 2,800 custom LED fixtures, and an immersive digital foyer screen. The campus integrates with the Perth Busport and will accommodate over 10,000 students and staff. It is a $853M joint investment by the Australian Government, WA Government, and ECU, and is set to open in semester one 2026.
Capital Square Perth Tower Development
Mixed-use development on the historic Old Emu Brewery site, featuring three high-rise towers: a premium office tower (Tower 1), a hotel and serviced apartments tower (Tower 2), and a luxury apartments tower (Tower 3), along with a podium offering retail, auditorium, recreation spaces, and amenities like pools, gyms, and childcare.
Peninsula Place
Sale of a 2,290 sqm activity centre site branded Peninsula Place, zoned Centre R-AC0 under City of South Perth TPS7. The listing outlines two compliant development scenarios (approx. 11 to 17 storeys; 12,366 to 15,114 sqm potential plot ratio GFA) for high density apartments with mixed-use at ground level, subject to approvals.
Civic Heart
Civic Heart is a landmark mixed-use development by Finbar Group on the corner of Mill Point Road, Mends Street and Labouchere Road in South Perth. The project comprises two towers of 37 and 20 storeys with 309 luxury apartments, sky homes and penthouses above a podium that includes 26 commercial tenancies and a refurbished heritage police station. Completed in mid 2024 at an estimated cost of about 445 million dollars, it is the tallest residential building in Perth and features extensive resident amenities including pools, gyms, wellness spa, theatrettes, kids play areas and a level 37 sky deck, as well as a new ground floor hospitality precinct.
Modele Residences
Boutique collection of 18 apartment residences and penthouses in Como. Hotel-inspired luxury development by SKS Group (established 2011, led by Chairman Alan Sim) with interiors by renowned designer Bronagh Crawley. Features 1, 2 and 4-bedroom residences with rooftop sky terrace.
One Richardson
Newly completed mixed-use building in South Perth delivering 65 one, two and three bedroom apartments including two storey penthouses, with ground floor retail and an adjoining A grade office component (Richardson Centre). The project features Swan River views, resident amenities and a ground floor cafe.
Riva Como
A waterfront apartment development of 121 one, two and three bedroom residences with rooftop pool, garden terrace and lounge, positioned on the Swan River foreshore. Sales launched and construction activity underway, with PRD responsible for development and sales.
Employment
AreaSearch analysis of employment trends sees South Perth - Kensington performing better than 90% of local markets assessed across Australia
South Perth - Kensington has a highly educated workforce with professional services well represented. Its unemployment rate was 1.9% in June 2025, compared to Greater Perth's 3.9%.
Employment growth over the past year was estimated at 3.2%. As of June 2025, 11,917 residents were employed, with an unemployment rate of 2.0%, similar to Greater Perth's workforce participation rate of 65.2%. Leading employment industries include health care & social assistance, professional & technical services, and education & training. The area has a notable concentration in professional & technical services, with employment levels at 1.7 times the regional average, while construction has limited presence at 6.4%, compared to 9.3% regionally.
Many residents commute elsewhere for work based on Census data. From June 2024 to June 2025, employment levels increased by 3.2%, and labour force grew by 3.0%, leading to a decrease in unemployment by 0.1 percentage points. In contrast, Greater Perth saw employment rise by 3.7% and unemployment increase by 0.1 percentage points over the same period. Jobs and Skills Australia's national employment forecasts from May 2025 project overall employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to South Perth - Kensington's employment mix suggests local growth of approximately 6.9% over five years and 14.2% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch's latest postcode-level ATO data for financial year 2022 shows South Perth - Kensington had a median income among taxpayers of $65,021 and an average of $106,327. This places it in the top percentile nationally, compared to Greater Perth's median of $58,380 and average of $78,020. Based on Wage Price Index growth of 14.2% since financial year 2022, estimated incomes as of September 2025 would be approximately $74,254 (median) and $121,425 (average). According to the 2021 Census, household, family, and personal incomes in South Perth - Kensington rank highly nationally, between the 73rd and 88th percentiles. The earnings profile shows that 28.0% of locals (5,390 people) fall into the $1,500 - $2,999 income category, similar to the surrounding region where this cohort represents 32.0%. Strong economic indicators include 35.8% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.1% of income, with residents ranking in the 76th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
South Perth - Kensington displays a diverse mix of dwelling types, with above-average rates of outright home ownership
South Perth - Kensington had 44.7% houses and 55.4% other dwellings in its dwelling structure as of the latest Census, compared to Perth metro's 49.3% houses and 50.7% other dwellings. Home ownership in South Perth - Kensington was 33.2%, with mortgaged dwellings at 26.8% and rented ones at 40.0%. The median monthly mortgage repayment in the area was $2,388, higher than Perth metro's average of $2,200. The median weekly rent figure was $375, compared to Perth metro's $360. Nationally, South Perth - Kensington's mortgage repayments were significantly higher at $2,388 compared to the Australian average of $1,863, while rents were comparable at $375.
Frequently Asked Questions - Housing
Household Composition
South Perth - Kensington features high concentrations of lone person households and group households, with a fairly typical median household size
Family households account for 61.3% of all households, including 24.4% couples with children, 28.7% couples without children, and 6.7% single parent families. Non-family households constitute the remaining 38.7%, with lone person households at 33.6% and group households comprising 5.1%. The median household size is 2.2 people, which aligns with the Greater Perth average.
Frequently Asked Questions - Households
Local Schools & Education
South Perth - Kensington shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
South Perth - Kensington's educational attainment significantly exceeds broader benchmarks. Among residents aged 15+, 50.4% hold university qualifications compared to 27.9% in Western Australia (WA) and 29.9% in the SA4 region. Bachelor degrees are most common at 32.4%, followed by postgraduate qualifications at 13.5% and graduate diplomas at 4.5%. Vocational pathways account for 23.5% of qualifications, with advanced diplomas at 10.7% and certificates at 12.8%.
Educational participation is high, with 29.3% of residents currently enrolled in formal education. This includes 9.8% in tertiary education, 7.6% in secondary education, and 7.0% pursuing primary education. The area has a robust network of 7 schools educating approximately 3,797 students. South Perth - Kensington demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1108. The educational mix includes 4 primary, 2 secondary, and 1 K-12 school.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Analysis shows 122 active transport stops operating in South Perth - Kensington, offering a mix of ferry and bus services. These stops are served by 16 individual routes, collectively providing 3,878 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 133 meters from the nearest stop.
Service frequency averages 554 trips per day across all routes, equating to approximately 31 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
South Perth - Kensington's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
South Perth - Kensington demonstrates excellent health outcomes with a very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 75% (14,380 people), compared to 67.8% across Greater Perth and the national average of 55.3%. Mental health issues and asthma are the most common medical conditions in the area, impacting 7.0 and 6.9% of residents respectively.
A total of 73.3% of residents declare themselves completely clear of medical ailments, compared to 72.6% across Greater Perth. The area has 20.8% (4,004 people) of residents aged 65 and over. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
South Perth - Kensington was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
South Perth-Kensington has a higher cultural diversity than most local areas, with 18.2% of its residents speaking a language other than English at home and 35.7% born overseas. Christianity is the predominant religion in South Perth-Kensington, making up 46.0% of the population. Notably, Judaism is overrepresented in South Perth-Kensington compared to Greater Perth, comprising 0.4% versus 0.2%.
The top three ancestry groups are English at 28.3%, Australian at 20.8%, and Other at 10.1%. Some ethnic groups have notable differences: South African representation is higher at 0.9% compared to the regional average of 0.8%, Croatian is at 0.9% (regional average 0.8%), and Welsh is also notably represented at 0.7%.
Frequently Asked Questions - Diversity
Age
South Perth - Kensington's population is slightly older than the national pattern
South Perth - Kensington has a median age of 40, which is higher than Greater Perth's figure of 37 and Australia's figure of 38 years. The 65-74 cohort is notably over-represented locally at 11.5%, while the 5-14 year-olds are under-represented at 9.0%. Between 2021 and present, the 75-84 age group has grown from 5.4% to 7.3% of the population. Conversely, the 45-54 cohort has declined from 13.3% to 12.2%. By 2041, demographic modeling suggests South Perth - Kensington's age profile will evolve significantly. The 75-84 age cohort is projected to grow by 1,049 people (75%) from 1,405 to 2,455. Notably, the combined 65+ age groups are expected to account for 75% of total population growth, reflecting the area's aging demographic profile. Meanwhile, the 0-4 and 5-14 cohorts are expected to experience population declines.