Keilor is in the bottom 20% in VIC when comparing median price capital growth over the last year. Keilor gave property investors a dismal capital gain figure when compared to the rest of the state, with -0.35%.
If we look at median property appreciation over just the last three months, Keilor has given property investors a paper return of -1.03%. This puts Suburb as 603 on a list of fastest fasting appreciating suburbs in VIC
Keilor3036 is located in VIC which offers an average discount of -5.53% to property investors. Keilor itself is showing figures that indicate -2.26% is the average achievable by property buyers investing in the suburb.
In the last year 56 properties changed hands in Keilor, which puts it as the 407th most active market in VIC when comparing the number of sales per suburb.
Situated 16.25km from the CBD, Keilor is one of Brimbank localities in the postcode 3036.
The northwest Melbourne suburb of Keilor seems to have become a popular destination for buyers over the past year, as its stock on market has fallen significantlyFull summary
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The northwest Melbourne suburb of Keilor seems to have become a popular destination for buyers over the past year, as its stock on market has fallen significantly, by 29.5% compared to this time last year.
That increased interest from buyers might explain the stronger performance of house prices in the region.
Keilor is around 18km from the CBD, and the M79 offers easy access.
Those looking to buy in the suburb should also take into account that it neighbours Tullamarine Airport.Close
The current median house price sits at $680,000, having increased by 13% over the last year and 19% over the past three.
Rental returns aren’t performing outrageously well at the moment, with the average yield at just 3%.
However, the vacancy rate is only 0.6%, according to Real Estate Investar, so landlords are likely to have good luck in finding tenants.