Giving property investors a an unimpressive capital gain of -1.03% for the last year, Keilor, 3036 is the 3130th highest performer in Australia in this respect.
While Keilor,3036 ranked number 608th in VIC for increase in median house value (annualised) increase, it is ranked 378th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Keilor, 3036. Typically our figures indicate that -5.14% is being offered, which puts this VIC suburb at 2341th most discounted overall in Australia.
Keilor, 3036’s gross rental yield is 3.03%
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.