20 Collins Street, Kensington WA 6151

20 Collins Street, Kensington WA 6151
3 bed 1 bath on 496m² | 152m² floor area | open-plan kitchen and living | separate dining room | established Kensington street 20 Collins Street offers a well-proportioned three-bedroom house on a 496 square metre lot, a configuration that suits families seeking an established inner-Perth address. Its 152 square metre floor plan includes an open-plan kitchen and living area plus a separate dining room, giving it more internal presence than many character cottages on similar land. The property sits within Kensington’s detached-house stock, a suburb with a mixed-age streetscape and clear appeal to owner-occupiers wanting CBD and Crown proximity. The best-fit buyer is a family or professional couple looking for a solid, liveable house with scope to add value through renovation or redevelopment, particularly given the R80 zoning potential seen on nearby parcels. Its land size aligns with the street’s typical 500 square metre band, making it a standard but not exceptional holding in a tightly held location. Council rates appear inconsistent across available data, which may affect ongoing cost expectations. The house’s age and internal finishes might influence appeal, as some buyers prefer modernised character homes or fully rebuilt properties. The 3/1 configuration could limit price growth compared to larger family houses, but the separate dining room and open-plan living add functional flexibility. Rental demand is steady but yields typically sit in the low-to-mid three per cent range, so capital growth may be the primary return driver. The R80 zoning might allow future density, but that opportunity depends on council approval and street context. >> Comparable Sales: 42 Collins Street sold $2.25M, 24 Collins Street sold $1.525M | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, internal layout, location
Detailed Independent Property Report prepared  by PropCred Analyst team for 20 Collins Street, Kensington WA 6151
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Kensington, an inner suburb of Perth, is a tightly held market. Houses have a median of $1,442,500, up 18.68% for the year to February 2026, and average 13 days on market. Units have outperformed: median $601,500 after 30.05% growth, selling in 9 days, with a gross yield of 5.08% versus 3.01% for houses. Weekly rents sit at $800 for houses and $690 for units. Sales volumes are thin-60 houses and 16 units over the year-so limited stock is driving competition. Buyers include investors chasing unit yields and owner-occupiers bidding on scarce houses. Future growth rests on continued rental strength, but stretched affordability after back-to-back double-digit jumps is the chief constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

496m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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