3/58 East Terrace, Kensington Gardens SA 5068
3/58 East Terrace, Kensington Gardens SA 5068
This 2-bedroom, 1-bathroom apartment / unit with 1 car spaces is positioned in Kensington Gardens SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Median house price circa $2.07m with a 27-day market time shows Kensington Gardens’ leafy streets, direct CBD access and sought-after schools are luring long-term family buyers. Just six homes listed versus roughly 1,431 buyers keeps upward pressure on prices – houses still posting about 24% annual gain and continuing to climb over the past six months while units rise more moderately. Growth depends on owner-occupier demand and renovation upside, yet affordability and mid-2% rental yields keep cashflow investors cautious, so focus on quality tweaks and the suburb’s tight stock to defend premiums.