Kenmore Property Market Shows Double-Digit Growth at End of 2021

Year-end figures show that Median house and unit prices in the Kenmore property market continued to soar in 2021 with upticks in the double digits amidst a growth spurt in the Brisbane property market due to accessible credit, low stocks, and increasing interstate migration. All these, despite talk of a predicted downturn in the coming months.


  • Kenmore experienced a 21.34 per cent median house price growth from January 2021 to December 2021, with the median ending up at $919,944 by year-end.
  • The unit market tracked high growth as well 19.54 per cent for the same period with the median unit price closing at $777,000. 
  • Kenmore’s booming property market is low on supply with cheaper interest rates but at under a million for the excellent location, it remains one of the better value buys in Brisbane.

Kenmore Median House Price Growth

According to Property Market Updates, Kenmore median house price grew by 21.34 per cent for the period of January 2021 to December 2021, remaining just under a million and still within the price range of many buyers compared to other suburbs. 

Photo Credit:  Property Market Updates

For a median house price of $919,944, buyers could acquire a beautiful family home on a large block of land within this well-placed suburb. Kenmore remains one of the locations in the country where homeowners spend less of their annual income for mortgage repayments. Thus, more than 80 per cent of residents could afford to be owner-occupiers as opposed to renters.

During the said 12-month period, 214 properties were sold in Kenmore for an average market listing of 26 days. Four-bedroom properties landed the most deals and closed on the market in under three weeks. 

Buyers of Kenmore homes are mostly established families on their second or third property who are likely long-stayers with kids that go to go schools within the catchment. Thus, the Kenmore property market remains strong and high in demand with double the average of property visits for Queensland homes in general, according to

Kenmore Median Unit Price Growth

The unit market in Kenmore picked up by 19.54 per cent for the same time period, with the median unit price closing at $777,000. Since stocks are down, only 45 unit properties were sold with an average of 16 days on market.

Kenmore Median Unit Price Growth
Photo Credit:  Property Market Updates

Some unit investors pick Kenmore during their transition from urban living in the inner cities to a more family-focused suburban lifestyle. Interstate buyers, on the other hand, go for this suburb when they’ve been locked out of markets like Indooroopilly. 

The unit market growth in Kenmore reflects how it is playing catch up to the divergence between houses and unit prices in Brisbane’s two-speed market. 

About Kenmore

More than five years ago, this humble suburb in the west had a median house price under $500,000 and whilst its growth has been tracking upward since then, properties in Kenmore remain very reasonable and affordable for many buyers. Thus, Kenmore’s appeal as a well-priced family suburb has made it one of the sought-after locations in Brisbane. 

Kenmore property market
Photo Credit: Google Maps

This locale is highly-regarded for having everything residents want — good schools, sporting fields, dining and shopping precincts, parks and recreational spots. 

Kenmore draws a feeling of community without that disconnect from urban living. It has a substantial transport system with buses frequently plying along Moggill Road, taking residents to their jobs in the city or the university. It’s also quite near the train station in Indooroopilly and very accessible to the western suburbs’ major road networks. 

Kenmore is dotted with plenty of brick houses originally built in the 50s or 60s, with residents who have the money to do renovation projects to upgrade their homes and improve their gardens.

“Mostly big yards, separate houses and super friendly community. Leafy tree-lined streets, suburban walking and close to both Mount Cootha and Brisbane. Very central for access to other suburbs. Good cafes, churches, sports grounds and clubs. People stop and talk in the street. Low crime.”


“Excellent suburb within 10 kms from the city centre. Large leafy suburban lots and homes are perfect for the family. Top-rated public and private schools in the suburb. Homes still affordable as compared to homes in Indooroopilly & Fig Tree Pocket just one suburb over.”


“We moved from Toowong, reluctantly, when we bought here in late 2011. I am so glad we did. It is a great suburb for families, very safe, 3 primary schools to choose from just in the suburb and two excellent high schools in it or nearby (Indooroopilly State being the second). People are actually friendly, not in your face, but friendly. Much more so that in the more student/young professionals domain of Toowong. The buses are great, regular and able to connect you to everywhere via the Indooroopilly bus station. There is a bus that goes straight to UQ (University of Qld) too. There is an abundance of shops, farmers markets etc for groceries (including the 3 major supermarkets) and it is a short drive to either Indooroopilly or Mount Ommaney for everything else.”


Kenmore Property Market Remains In Demand With 15% Median Growth

Old and established Brisbane suburbs with large blocks of land, such as the Kenmore property market, remain in demand with buyers seeking opportunities to buy and renovate a home. This demand has set off Kenmore’s growth of more than 15 per cent during the 12-month period ending September 2021.


  • The Kenmore property market had a substantial 15.16 per cent increase for the period of October 2020 to September 2021. On the other hand, the unit market had a slight increase of 1.81 per cent for the same period.
  • The median house price for this period has reached $870,000 whilst the median unit price settled at $690,750
  • Property values in Kenmore have consistently tracked an upward trend for the past few years.

Kenmore House Price Growth

According to Property Market Updates, Kenmore had a 15.16 per cent rise during the period of October 2020 to September 2021, which has placed the median house price at $870,000, up from $755,700 in the previous year.  

For this said period, 200 houses were sold in Kenmore within an average of 30 days on the market, showing strong buyers’ competition. Most of these buyers have been looking to invest in their second or third house as their family grows.

Kenmore median house price growth
Photo Credit: Property Market Updates

Four-bedroom homes have had the highest sales in Kenmore, driving the house price growth upward. However, it’s three-bedroom properties that sold the fastest at 17 days on the market.

Kenmore Unit Price Growth

Kenmore’s apartment market for October 2020 to September 2021 had minimal growth at 1.81 per cent with a median unit price of $690,750, a small bump from $687,477 in the previous year. 

Kenmore median unit price growth
Photo Credit: Property Market Updates

Thirty-two units were sold during this period for an average market listing of 22 days. Unit dwellers in Kenmore consist of locals, downsizers, or retirees who still want to remain close to the city. Some, however, are investors who rent out their units whilst they stay in bigger homes within the suburb. 

Unit prices in Kenmore, however, have consistently trended upward despite modest numbers.

About Kenmore

Buyers appreciate that they get more value for money in the Kenmore property market, especially for those who are transitioning from inner city life to a more suburban family lifestyle. Kenmore is also attractive to investors who have heaps of ideas and the budget for renovating and updating an old home. 

Photo Credit: Google Maps

Whilst Kenmore has consistently reflected property growth in more than five years, the property remains affordable compared to other suburbs in Brisbane. This western suburb provides residents with all that they need and there is an active community for every age group. 

“There’s a lot of brick houses owned by people with enough money to renovate when it gets too dated. Also, it seems like a lot of people live quite nicely without the flashy gardens”


“Fantastic location close to the city and great access once the tunnel opens to the north as well as easy times to South via great mtr way. Good schools and nice ressys for a cheap night out for the family. Lone pine for the tourist in all of us plus access including boat ramp for the river person. Good neighbours are easy to find and some streets have great street family appeal.”


“Alkina Street in Kenmore is a quiet street, despite being so close to the shopping centers etc. Big pluses here are that everything is walkable. There are numerous restaurants, a gym, video store, massive pet store and a medical center opposite Alkina street, along Marshall Lane. Wongabel street houses a post office, hairdressers, computer store, more places to eat, coffee shops, newsagent, bakery.”