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Kenmore suburb profile

Kenmore is a leafy suburb located approximately 10km southwest of Brisbane's CBD, known for its family-friendly atmosphere and excellent amenities. The suburb is characterized by its spacious homes, lush greenery, and a strong sense of community. Kenmore offers a range of educational facilities, including reputable schools, making it a popular choice for families. The area boasts convenient shopping options, with Kenmore Village and Kenmore Plaza providing a variety of retail and dining experiences. With its proximity to the Brisbane River and access to parks and recreational facilities, Kenmore is a desirable location for those seeking a suburban lifestyle with urban conveniences.

Kenmore property market performance

Kenmore's property market has shown positive growth over the past 12 months, with house values increasing by 11.8% and unit values rising by 4.3%. The median house price has reached $1.37 million, while the median unit price stands at $875,000, indicating a robust demand for both property types.

Sales activity has been notably higher for houses, with 50 transactions compared to just 1 unit sale over the past 12 months. Houses are selling quickly, with a median of 14 days on the market, slightly longer than the 13 days for units, suggesting strong buyer interest in both sectors.

The rental market in Kenmore has also experienced growth, with house rents increasing by 4.3% and unit rents surging by 10.7% over the last year. The average rent for houses is $792, while units command $775, reflecting a competitive rental environment.

Median price - houses$1.30MPast 3 months

Median price - units$875KPast 3 months

Change in value - houses12.0%12 months

Change in value - units6.5%12 months

Houses sold39Past 3 months

Units sold3Past 3 months

Median DOM - houses16Past 12 months

Median DOM - units11.5Past 12 months

Average rent - houses$793Past 12 months

Average rent - units$800Past 12 months

Change in rent - houses5.7%Past 12 months

Change in rent - units8.1%Past 12 months

Kenmore demographics

Kenmore, a leafy suburb located in Brisbane's western suburbs, is known for its family-friendly atmosphere and excellent amenities. With a population of 9,675, Kenmore offers a tranquil lifestyle while still being conveniently close to the city. The median age of 40 suggests a mature community, with many families and long-term residents enjoying the suburb's peaceful environment and strong sense of community.

The suburb is predominantly composed of couple families with children, making up 53.3% of the population. This highlights Kenmore's appeal to families seeking a supportive environment with access to quality schools, parks, and recreational facilities. Additionally, 31.5% of households are couple families without children, indicating a mix of young professionals and retirees who appreciate the suburb's relaxed lifestyle.

Property ownership in Kenmore is strong, with 36.4% of homes owned outright and 46.3% owned with a mortgage. This reflects a stable housing market and a community invested in long-term living. Only 17.3% of properties are rented, suggesting a preference for homeownership among residents. With a median total household income of $2,491 per week, Kenmore is an attractive option for those seeking a balance of suburban comfort and proximity to Brisbane's urban offerings.

Kenmore infrastructure, key developments and investment opportunities

Kenmore is experiencing several developments that could impact its property market. The Kenmore Village Shopping Centre is undergoing a significant expansion, set to introduce new retail options and improve local amenities. This enhancement is likely to boost the suburb's appeal and potentially increase property values in the surrounding areas. Additionally, the ongoing upgrades to Moggill Road aim to improve traffic flow and connectivity, which could make the area more attractive to commuters.

The suburb's education sector is also seeing improvements, with recent upgrades to Kenmore State High School and ongoing enhancements to local primary schools. These developments are likely to maintain Kenmore's reputation as a family-friendly suburb, potentially driving demand for family homes. While no major new residential developments have been announced, the consistent improvement of local infrastructure and amenities suggests Kenmore is positioning itself for steady growth and maintaining its desirability in Brisbane's western suburbs.

Kenmore rental market trends

The rental market in Kenmore has experienced moderate growth, with house rents increasing by 4.3% over the past year to $792 per week, while unit rents have seen a more significant rise of 10.7% to $775 per week. This suburb continues to attract renters and investors alike, thanks to its appealing lifestyle and proximity to key amenities.

Suburbs near Kenmore

Some popular suburbs near Kenmore include:

Common questions about Kenmore

  • Is Kenmore a nice place to live?

    Kenmore is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a wonderful place to call home. Nestled amidst lush greenery, Kenmore is renowned for its family-friendly vibe and strong community spirit. The suburb's spacious homes and tree-lined streets create a peaceful environment that is perfect for families looking to settle down. With a variety of reputable schools in the area, Kenmore is particularly appealing to those with children, ensuring quality education is within easy reach.

    Residents of Kenmore enjoy a wealth of amenities, with convenient shopping options at Kenmore Village and Kenmore Plaza, offering a range of retail and dining experiences. The suburb's proximity to the Brisbane River and access to numerous parks and recreational facilities provide ample opportunities for outdoor activities and relaxation. Safety is generally not a major concern, contributing to the suburb's appeal as a secure and welcoming community.

    While Kenmore offers a serene lifestyle, it does come with a few trade-offs. The ongoing upgrades to Moggill Road aim to improve traffic flow, but commuting to the city can still be time-consuming during peak hours. Additionally, the lack of major new residential developments means that housing options may be limited for those looking to move into the area. However, these factors are balanced by the suburb's stable housing market and the strong sense of community that makes Kenmore a desirable place to live.

    For families, Kenmore provides an ideal environment with its excellent schools, abundant green spaces, and a supportive community network. While it may not offer the bustling nightlife of inner-city areas, Kenmore's relaxed lifestyle and proximity to Brisbane's urban offerings make it an attractive option for those seeking a harmonious blend of suburban comfort and city convenience.

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  • Is it expensive to live in Kenmore?

    Living in Kenmore can be quite costly, especially when considering the housing market. With the current median house price at $1,365,000 and units at $875,000, property prices are on the higher end compared to many other suburbs in the Brisbane area. Renting is also relatively expensive, with houses averaging $792 per week and units at $775 per week. This suggests that a significant portion of income would need to be allocated to housing expenses.

    In terms of income, the average wage in Kenmore is about $91,000 per year, which is slightly above the average wage in Brisbane. However, when you compare this to the median total household income weekly of $2,491, it becomes evident that living in Kenmore might stretch the budget for those earning around the average wage. The high property prices and rental costs could make it challenging for individuals or families to maintain a comfortable lifestyle without a substantial income.

    Overall, while Kenmore offers a pleasant suburban environment with good amenities and a family-friendly atmosphere, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Kenmore, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with residing in this desirable suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Kenmore a good place to invest?

    Kenmore is showing promising signs as a solid investment suburb, particularly for those interested in both capital growth and rental yield. Over the past year, the median house value in Kenmore has increased by an impressive 11.8%, indicating strong demand and potential for capital appreciation. While the growth in unit values has been more modest at 4.3%, the rental market for units has seen a significant boost, with a 10.7% increase in rent, making it an attractive option for investors seeking rental income.

    The suburb's appeal is further enhanced by its family-friendly environment, good schools, and proximity to the Brisbane CBD, which makes it a desirable location for both families and professionals. The steady increase in house rents by 4.3% also suggests a healthy demand for rental properties, providing a reliable income stream for investors. Overall, Kenmore offers a balanced mix of growth potential and rental yield, making it a worthwhile consideration for those looking to invest in the Brisbane property market.

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