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Keilor East
AREA REPORTS

Keilor East

Keilor East - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3033

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 26.29% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,004,000

The augmented property values in the suburb are trailing above the territorial average of 18.09% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $417.5.

Home owners selling their properties and realtors in KEILOR EAST usually have to wait an average of 64.2 days days before their assets are lifted off the market.

The VIC suburb ranks 469th on the list of best yielding suburbs for rental properties in VIC, posting a 2.16% return.

It also places places 118th in Australia based on median property value growth during the quarter.

Data report can be found below

Keilor East
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,004,000 $745,000
GROWTH REPORT
Median Quarterly 7.84% 3.62%
Median 12 month 18.12% 8.36%
Median 3 years 26.29% 17.42%
Median 5 years 42.41% 58.51%
10 years average annual 5.78% 4.78%
Weekly media advert. rent $417.5 $440
Time on Market 64.2 days 90.6 days
Gross Rental Yield Percent 2.16% 3.07%
demographics (median values)*
Total Population
14514
Weekly Household Income
1484
Household Size
2.70
Age
43
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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