Kensington Property Market & Buyers Agents 2026

The Kensington property market is a portrait of stability and prestige in Adelaide's sought-after eastern suburbs. With a median house price of $1.23M as of May 2026, the suburb consistently commands premium values, reflecting its desirable location, heritage character, and high-quality housing stock. Recent data indicates a healthy year-on-year growth of 9.7% for houses, demonstrating sustained buyer demand even in a mature market. Units have also performed strongly, with a median price of $820,000 and annual growth of 10.1%.

The market's strength is driven by a tightly held supply of properties. Kensington is a small, geographically constrained suburb of only 0.5 square kilometres, with a significant number of homes protected by heritage overlays. This scarcity of available stock, coupled with persistent demand from established professionals and families, creates a competitive purchasing environment. Properties that do come to market are often sold quickly, with an average of just 44 days on market. The low number of sales annually—around 20-30 houses—means that each transaction can have a noticeable impact on median price figures, but the long-term trajectory is one of consistent appreciation. Over the past five years, the market has seen a compound growth rate of 9.7% for houses, underscoring its blue-chip investment credentials.

Kensington is one of Adelaide's earliest and most distinguished suburbs, located just five kilometres east of the CBD in the City of Norwood Payneham & St Peters. Its character is defined by beautifully preserved Victorian and Edwardian homes, leafy streets laid out in a unique diagonal pattern, and a palpable sense of history. The suburb offers a tranquil, village-like atmosphere while being moments from the cosmopolitan buzz of The Parade in neighbouring Norwood, which serves as the area's primary destination for boutique shopping, cafes, and fine dining.

Families are drawn to Kensington for its exceptional educational opportunities. The suburb is home to Marryatville Primary School, St Joseph's Memorial School, and the all-girls Mary MacKillop College. The highly-regarded Pembroke School is also located just across the border in Kensington Park.

Commuting to the city is straightforward, with frequent bus services running along The Parade and Kensington Road, reaching the CBD in approximately 15 minutes. While there is no train station, the excellent road network provides easy access to all parts of Adelaide.

Green spaces are a cherished feature of the suburb. Borthwick Park, with Second Creek running through it, offers a beautiful setting for recreation and includes a nature play area for children. Kensington Pioneer Park provides a quiet space for reflection. For more active pursuits, the Norwood Swimming Centre is located within the suburb's boundaries. This combination of heritage charm, premium amenities, and city-fringe convenience makes Kensington a perennially sought-after address.