Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit A604
Level 6
The Kensington Residences
The Kensington — Unit A604 | 3B/1B/1C
151 Anzac Pde Kensington NSW 2033 · Kensington, NSW 2033
58ASPIRE
$1,990,000
1.7% gross yield
Residence Configuration
3
Bedrooms
1
Bathroom
1
Car Space
108m²
Total Area
Aspect: Building A
Financial Analysis
Purchase Price
$1,990,000
NSW Stamp Duty
$91,860
Est. Weekly Rent
$650/wk
Gross Yield
1.70%
Year 1 After-Tax Cashflow
$-26,668
Est. Mortgage (80% LVR)
$2248/wk
6.19% rate, 30yr P&I
Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.
About This Residence
Positioned as a strategic entry-point at $1,990,000, this 3 bedroom apartment Kensington investment presents a price point below the local $1.15M median, yet its 1.7% yield and negative cashflow underscore a patient capital growth strategy. The practical 108m² floorplan in 'The Kensington' provides expansive family or share-house living just minutes from UNSW and Centennial Park, anchored by an 82/100 suburb investment score. Investors should note the estimated first-year cashflow of -$26,668, anticipating long-term appreciation driven by the suburb's strong 28.9% five-year unit growth and sustained rental demand from the university precinct.
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Related Insights
Kensington Suburb Profile
2033 · Median $1.15M
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Quick Summary
Property Typeproject
Level6
AspectBuilding A
Deposit (20%)$398,000
Loan Amount$1,592,000
Development Features
Airconditioning balconiesYour private oasis in Sydney's Eastern Suburbs
Understated luxury meets uncompromising quality in The Kensington’s chic living spaces
built for your comfort. Timeless beauty is defined by curved edges and a classic palette
making way for designer accents where no detail has been spared. With its generous open plan layout
enjoy an amplified sense of space that seamlessly flows from indoor to outdoor living.