Powered by MOMENTUM MEDIA
AREA REPORTS

Keilor Park

Suburb Profile

Keilor Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3042

house

KEILOR PARK, 3042 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling KEILOR PARK, 3042 values up and netting property investors a capital gain of 1.4% for the past year.

Investors saw the median home price rise to $725,000.

Profits due to an downward trend in home prices in the suburb averaged -0.95% per annum over a 3-year period.

KEILOR PARK now ranks at the 555th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KEILOR PARK are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $450 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KEILOR PARK, homes and units usually stay on listing for an average of 55.9 days.

In 2016, 27 properties were sold in KEILOR PARK during the past year, making it the 384th most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $725,000 N/A
GROWTH REPORT
Median Quarterly -0.68% N/A
Median 12 month 1.4% N/A
Median 3 years -2.85% N/A
Median 5 years 26.42% N/A
10 years average annual 3.88% N/A
Weekly media advert. rent $450 N/A
Time on Market 55.9 days N/A
Gross Rental Yield Percent 3.23% N/A
demographics (median values)
Total Population
2636
Weekly Household Income
1005
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

gender gap in housing

How big is the gender gap in housing?

It would take women an additional 10 months to save for a 20 per cent deposit on the median Australian dwelling value as at January 2021. ...

4 lessons from 4 commercial property deals

4 lessons from 4 commercial property deals

Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...

Investor activity too low to yield market disruption

Investor activity too low to yield market disruption, expert says

While new data points to a resurrection in the number of investors entering the housing market, the share of investors remains at record-low...

House price surge

House price surge to cause ‘social and political problems’: ANZ

Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, A...

High-end capital city markets lead property upswing

High-end capital city markets lead property upswing

Amid the most recent recession in Australia, high-end capital city markets have outpaced growth in other areas, a new report has revealed. ...

10 markets reversing the property trend

10 markets reversing the property trend

Despite strong national growth grabbing headlines, not all suburbs are currently booming, with the pandemic continuing to drag down markets,...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.