Fast 50 Report 2026 Banner

Keysborough

POSTAL CODE: VIC, 3173
HOUSE
UNIT

Based on its average 5-year and quarterly capital gains KEYSBOROUGH, 3173 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that KEYSBOROUGH, 3173 obtained a 6.17% growth over a ten-year period. It ranks 2568th on our list of suburbs that property investors should look into.

KEYSBOROUGH, 3173 in VIC belongs to the local government area of Greater Dandenong.

KEYSBOROUGH, 3173 has a capital gain of 6.33% for the past year, which is higher than average compared to its 29.53% growth within a five-year period.

With the median home price in KEYSBOROUGH sitting at $1,000,000, and the average rent at $695, property owners could potentially earn a 3.61% increase in gross rental yield.

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

Surburb overview

Keysborough is a middle-ring suburb in Melbourne’s south-east located within the City of Greater Dandenong. The suburb is situated approximately 27 kilometres south-east of the Melbourne central business district and is bordered by Springvale South, Dingley Village, Noble Park North and Bangholme.

Keysborough recorded a population of around 30,000 residents at the 2021 census, reflecting significant residential growth over recent decades. The demographic profile includes a high proportion of family households and a culturally diverse community, with many residents born overseas. Household sizes are generally larger than the metropolitan average, and multigenerational living is relatively common.

Housing in Keysborough is varied, comprising detached houses, modern estates, townhouses and a growing number of low-rise apartment developments. Newer residential areas are concentrated in the southern and eastern parts of the suburb, while established housing dominates the north. Residential density is generally low to moderate, with planned estates contributing to a uniform streetscape in newer precincts.

Public transport access is primarily bus-based, with no railway station located within Keysborough itself. Residents typically access train services at nearby stations including Noble Park, Springvale and Dandenong on the metropolitan rail network.

Bus routes operate along Cheltenham Road, Springvale Road and surrounding arterials, linking residential areas to shopping centres, schools and employment hubs. Road connectivity is a defining feature, with EastLink running along the suburb’s eastern edge and providing north–south access across Melbourne’s south-east. Additional arterial roads such as Cheltenham Road and Springvale Road support local and regional travel.

Retail and service amenities are centred on Parkmore Shopping Centre, which includes supermarkets, department stores, specialty retail, medical clinics and dining options. Smaller neighbourhood shopping strips provide additional everyday services throughout the suburb.

Educational facilities in and around Keysborough include multiple government and non-government primary and secondary schools. Tertiary institutions, including TAFE and universities, are accessible in surrounding suburbs and influence commuting patterns.

Recreational amenities are a significant feature, with proximity to Braeside Park offering extensive open space, walking and cycling trails, picnic areas and sporting facilities. Local parks, playgrounds and sporting reserves support organised sport and informal recreation across residential areas.

Keysborough’s character is shaped by its family-oriented housing, strong road connectivity and access to major retail and open space assets within Melbourne’s outer south-east.

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