Fast 50 Report 2026 Banner

Kealba

POSTAL CODE: VIC, 3021
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 7.09% capital gain.

Property investors in KEALBA enjoyed capital gains of 7.86% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $755,000.

Profits due to an upward trend in home prices there averaged 2.36% per annum over a 3-year period.

Home owners selling their properties and realtors in KEALBA usually have to wait an average of 50.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $510 mark, reflecting a 3.51% increase in returns based on the current median price in KEALBA.

KEALBA, 3021 places 248th in Australia based on median property value growth during the quarter.

Surburb overview

Kealba, bearing the postcode 3021, is a suburb located approximately 15 kilometres north-west of Melbourne's Central Business District (CBD).  As of the 2021 census, it has a population of 3,226 residents. 

The suburb has a diverse demographic including young professionals, families, and retirees. Most of the population comprises couples with children, reflecting a family-friendly environment. 

Public transportation in Kealba is well-developed, offering residents convenient access to various parts of Melbourne. While the suburb does not have a train station, it is serviced by bus route 421, which passes through Driscolls Road and Stenson Road every 40 minutes and connects to nearby train stations such as Keilor Plains. 

Kealba has various essential establishments, including educational institutions, healthcare facilities, and shopping centres. The suburb boasts a variety of cafes, restaurants, and boutique shops, contributing to a vibrant local economy.  The presence of parks and recreational facilities enhances the quality of life for residents, offering spaces for leisure and community activities. 

Recreational activities are abundant in Kealba, with numerous parks and green spaces available for public use. The picturesque Brimbank Park provides walking, picnicking, and outdoor sports opportunities.  Additionally, the suburb's proximity to the Green Gully Reserve offers residents access to various sports facilities, catering to active individuals seeking to maintain a healthy lifestyle. 

Kealba's combination of urban convenience and community-oriented living makes it desirable for many residents. 

You’re out of free articles for this month
Loading form...