Kensington has grown from its university roots into a vibrant and diverse suburb that sits snuggly between the city and the coast. Our Kensington specialist Tristan Oddi reports that there’s been a big increase in demand in the area in recent months leading to some really strong results. A good example is 27 Kennedy Street, Kingsford which sold prior to auction for $1.95m after 19 days on the market which is a top result for a semi. Tristan says, “‘We’re seeing a range of buyers from investors and professional couples to families and downsizers proving that Kensington really does have broad appeal. There’s been a definite peak in interest in the suburb as properties offer more space and better value that neighbouring suburbs of Randwick and Queens Park and the operation of the light rail giving easy access to the city has really put Kensington on the map. In saying that, prices are moving up and there’s already been an increase in the first quarter of this year so it’s best to get in now before you’re priced out.”

We currently have six properties in Kensington on the market across the spectrum from a studio apartment with resort-style facilities to a luxurious sub-penthouse in the tightly held Raleigh Park Estate. With the light rail at the doorstep and access to a world-class fitness centre, pool and gym, 722/84-108 Anzac Parade, Kensington captures views over Centennial Park from its elevated setting in the award-winning Luxcon-developed 88 Kensington and, with a price guide of $650K-715K, it’s a perfect option for the executive buyer. Families looking to enter the market should check out our off-market opportunity at 4/21-25 Boronia Street, Kensington. The huge five-bedroom townhome has loads of living space as well as a garden and is in the catchment for Kensington Public School with close proximity to UNSW and Centennial Park. If you’re looking for knockout views, the sub-penthouse at 1203/97 Brompton Road, Kensington is wrapped in 270-degree views that stretch over Moore Park Golf Course to the city skyline and Botany Bay. Apartments of this scale are rare on the market and the three-bedroom home has been newly renovated to a high standard and features double garaging as well as access to the Raleigh Park Estate’s first-class facilities.

This week we were thrilled to welcome Grace Le-Franck to the PPD family. Grace brings a wealth of knowledge with her and has 11 years’ experience in real estate sales with her professionalism and expertise earning her a stellar reputation. If you’d like to meet Grace in person, pop into her first open home under the PPD banner at 46 Alt Street, Queens Park tomorrow from 10.30am – 11.00am.

This week the sales team secured 19 sales with an average price of $2.2m and listed 18 new properties. Take care, stay safe and keep connected.