Keilor Lodge

POSTAL CODE: VIC, 3038

HOUSE

KEILOR LODGE ranks 242nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 10.99% for the past year is higher than average compared to its 40.66% growth within a five-year period.

Also in KEILOR LODGE, the median home price is sitting at $1,065,500, and the average rent at $625, this suggests property owners could potentially earn a 3.05% increase in gross rental yield.

Property investors have seen a 1% gain in KEILOR LODGE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on KEILOR LODGE, 3038 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 10.99%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.94% growth over a ten-year period. It ranks 25th on our list of suburbs that property investors should look into.

Surburb overview

Keilor Lodge is a suburb of Brimbank, approximately 19 kilometres north-west of Melbourne's Central Business District. According to the 2021 census, it has a population of 1,668.

The suburb is predominantly residential, featuring modern homes and established properties. The median property price for a house is currently $1,032,500, with an annual capital growth rate of 10.07%. Rental yields for houses are around 3.09%, with a median weekly rent of $625.

Public transportation options in Keilor Lodge are limited, with residents primarily relying on private vehicles for commuting. The nearest train station is Keilor Plains, located in the adjacent suburb of Keilor Downs.

Essential amenities are accessible in neighbouring suburbs, with Keilor Central Shopping Centre and Watergardens Town Centre offering supermarkets, retail stores, and dining options. The area is also home to several schools, including Keilor Views Primary School and Keilor Downs College.

Recreational opportunities are available, with several parks and reserves within and around the suburb. Green Gully Reserve features playgrounds, sports fields, and walking paths, catering to various outdoor activities. The reserve is also home to the Green Gully Soccer Club, which competes in the National Premier Leagues Victoria.

Keilor Lodge offers a suburban lifestyle with access to essential services and recreational facilities, making it a notable suburb within Melbourne's metropolitan area.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,065,500	N/A
Growth Report
Median Quarterly	1%	N/A
Median 12 month	10.99%	N/A
Median 3 years	21.77%	N/A
Median 5 years	40.66%	N/A
10 years average annual	9.94%	N/A
Weekly media advert. rent	$625	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	3.05%	N/A

Demographics (Median Values)*

Total Population 27262

Weekly Household Income 1654

Household Size 3.00

Average Age 41

Monthly Loan Repayment 1647

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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