Keilor Downs has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.33% to date .
Taking the average capital gain, or increase in median house value, Keilor Downs,3038 has racked up an average of 13.33% over the period. This ranks it number 1250th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Keilor Downs are currently offering property investors an average price cut of -5.66% below the asking price at the moment.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 6.51%, investors should hope to achieve an overall return of 3.82%
Property investors who have had real estate in Keilor Downs, 3038 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.61%
When looking at the potential capital gains offered to property investors over the last 3 years, Keilor Downs comes in at number 145th in VIC.