Kensington

The dramatic changes in the economic landscape in Kensington are largely due to boundary changes between 2006 and 2008. In 2016, two out of five jobs and a little over one in three establishments were in arts and recreational activity (including at Flemington Race Course). Professional, scientific and technical services and manufacturing make up most of the rest of the employment.

Headline Statistics

7,569

Local Jobs

470

Establishments

$400

Median Rental Price

Combined data for Flemington-Kensington. Source: Department of Human Services, Victoria (DHS).

Floor Space in Kensington

The pie chart below provides a breakdown of floor space (both occupied and unoccupied) in Kensington at 2016.

The chart below shows the change in floor space (both occupied and unoccupied) in Kensington between 2002 and 2016.

Detailed Data Tables

The table below provides further detail regarding the mix of floor space in Kensington.

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Category Floor Space (Sqm)
Educational/ Research 12,693
Performances, Conferences, Ceremonies 5,919
Storage/Wholesale 109,668
Accommodation 704,278
Entertainment/ Recreation 235,975
Manufacturing 98,019
Hospital/ Clinic 5,197
Retail 23,985
Parking 39,761
Transport 5,687
Open space 2,180,490
Community use 8,529
Transport/Storage Uncovered 6,123
Office 54,639
Equipment installation 2,818

The table below provides detail regarding the quantity of floor space by year ( 2002- 2016) in Kensington.

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Year Floor Space (Sqm)
2002 908,126
2004 925,970
2006 845,875
2008 1,008,577
2010 1,008,577
2012 1,030,829
2014 1,018,539
2016 1,036,188
Industries by Employment ( 2016)
The graph below shows the industries located in Kensington, ordered by the number of jobs in each industry at 2016.
Change in Local Jobs (2002 to 2016)
The graph below details the number of employees in Kensington over time. The graph provides an insight into how industry has grown or declined in the local area over the last decade.
Detailed Data Table

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Industry Name 2002 2004 2006 2008 2010 2012 2014 2016
Other Services 34 89 78 179 179 196 241 237
Arts and Recreation Services 1885 1949 2040 2351 2351 2347 2895 3075
Health Care and Social Assistance 43 109 76 164 164 454 476 372
Education and Training 21 17 17 99 99 112 143 157
Public Administration and Safety 33 38 6 152 152 200 313 313
Administrative and Support Services 1 5 21 45 45 36 34 129
Professional, Scientific and Technical Services 29 68 79 495 495 567 692 910
Rental, Hiring and Real Estate Services 41 33 33 61 61 86 91 90
Financial and Insurance Services 18 13 12 13 13 8 11 8
Information Media and Telecommunications 20 0 1 26 26 44 79 87
Transport, Postal and Warehousing 53 54 92 150 150 142 142 199
Accommodation and Food Services 80 84 87 158 158 209 277 342
Retail Trade 38 40 95 273 273 539 513 484
Wholesale Trade 169 145 136 240 240 227 296 287
Construction 52 25 26 186 186 317 261 248
Electricity, Gas, Water and Waste Services 0 0 0 10 10 4 0 0
Manufacturing 843 465 368 553 553 492 514 626
Mining 0 0 0 0 0 3 0 0
Agriculture, Forestry and Fishing 0 0 0 2 2 8 7 5

Kensington Residential Rental Market

Residential Rental Prices (Per Week)

The chart below shows the median rental price for all dwellings in Kensington from June 2009.

The green band shows the price range of the middle 50% of rental properties in the area (also referred to as the interquartile range of rental prices). It provides an indication of the spread of rental prices in Kensington.

Residential Rental Volumes

The chart below shows the number of new leases that commenced in Kensington annually.

Detailed Data Table

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Period Year Median Price Rental Volume (Commencing Leases)
March 2006 260 928
June 2006 260 1000
September 2006 265 1073
December 2006 270 1061
March 2007 275 986
June 2007 280 1010
September 2007 280 948
December 2007 290 920
March 2008 300 975
June 2008 320 992
September 2008 340 1059
December 2008 340 1139
March 2009 350 1076
June 2009 350 1025
September 2009 350 1017
December 2009 350 1009
March 2010 360 1071
June 2010 360 1141
September 2010 365 1182
December 2010 370 1281
March 2011 370 1354
June 2011 370 1332
September 2011 375 1321
December 2011 380 1241
March 2012 380 1219
June 2012 385 1271
September 2012 380 1443
December 2012 380 1560
March 2013 380 1653
June 2013 380 1649
September 2013 380 1518
December 2013 385 1484
March 2014 385 1524
June 2014 385 1517
September 2014 390 1519
December 2014 390 1483
March 2015 390 1526
June 2015 390 1545
September 2015 390 1555
December 2015 400 1565
March 2016 400 1514
June 2016 400 1515
September 2016 400 1521