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Keilor East: Affordable, growing, and ripe for investment

17 OCT 2025 By Emilie Lauer 4 min read Hotspots

Keilor East offers steady property growth, strong rental demand, and solid yields, making it an attractive suburb for families and investors seeking long-term returns, according to SPI’s FAST 50 report.

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Keilor East is among the top suburbs listed in Smart Property Investment’s 2026 FAST 50 report for savvy investors.

The FAST 50 report is an annual publication by Smart Property Investment designed to identify 50 Australian suburbs with strong growth potential over the next 12 months.

It combines expert insights from trusted property investors and real estate networks with detailed data analysis to highlight under-the-radar investment opportunities.

Unlike traditional reports, FAST 50 focuses on future potential rather than past performance, offering investors a clear starting point for their research and due diligence.

Located just 13 kilometres north-west of Melbourne’s CBD, Keilor East is a well-established suburb experiencing steady growth and attracting families, professionals, and investors alike.

The area offers a mix of housing options, including post-war homes and modern townhouses, often set on generous blocks, providing potential for renovation or redevelopment.

Keilor East is well-serviced with shopping centres, reputable schools, medical facilities, parks, and sporting amenities, ensuring a convenient and connected lifestyle for residents.

The suburb benefits from strong transport links, including nearby train stations and major arterial roads, making commuting into Melbourne straightforward and appealing for both homeowners and investors.

Keilor East maintains consistent rental demand, with a median rent of $580 per week and a gross rental yield of 2.9 per cent, underpinned by a healthy property market.

Over the past 12 months, the suburb has recorded solid growth, with a median house price of $1,040,000, quarterly growth of 3.0 per cent, 12-month growth of 6.1 per cent, and an average annual growth rate of 5.9 per cent.

The suburb’s combination of established community infrastructure, accessibility, and steady property growth makes it attractive to both families seeking lifestyle convenience and investors seeking reliable returns.

Keilor East continues to position itself as a desirable destination for sustainable living and long-term property investment in Melbourne’s north-west.

Check all the suburbs in the FAST 50 report here.

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