Suburb Profile Report for Keilor Downs VIC (3038)

Keilor Downs House: Median price $555,000, Annual capital growth 7.61%, Number of sales 91, Weekly median advertised rent $390

Keilor Downs Unit: Median price $379,000, Annual capital growth 6.11%, Number of sales 19, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Keilor Downs, 3038 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.27%.

Keilor Downs,3038 has offered an average of 13.27% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Keilor Downs 3038 should be seeing an average reduction in asking price of around -5.20% . This means that Keilor Downs is holding prices well when compared to other suburbs in VIC.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 7.61%, investors should hope to achieve an overall return of 3.65%

Keilor Downs, 3038 ranked 255th in VIC when comparing growth in median property values or capital gain over the last 12 months. Keilor Downs is one of 2098 in our list for VIC

While Keilor Downs,3038 ranked number 240th in VIC for increase in median house value (annualised) increase, it is ranked 294th over the last 5 years.

The most recent median price for Keilor Downs is $379000, with sellers offering an average of -3.07% off the asking price.

Situated 18.45km from the CBD, Keilor Downs is one of Brimbank localities in the postcode 3038.

HOUSE UNIT
$555,000 $379,000
4.23% -0.79%
13.27% -0.45%
7.61% 6.11%
$390 $320
91 19
3.65% 4.39%
59.61 52.76

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 10306
Median household income ($/weekly) 1258
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 3
  • Census Count Percent(%)
    5-14 years 1156 11.2
    25-34 years 1289 12.5
    35-44 years 1224 11.9
    45-54 years 1656 16.1
    55-64 years 1507 14.6
    Others 3474 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 4374 53.7
    Not Married 3439 42.2
    Defacto Relationship 333 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5648 57.6
    Germany 374 3.8
    Netherlands 301 3.1
    Viet Nam 437 4.5
    Other 748 7.6
    Others 2293 23.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 577 6.0
    Christianity 7200 74.3
    Islam 699 7.2
    Other Religious Groups 143 1.5
    No Religion 996 10.3
    Others 74 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 332 11.4
    $800-$999 269 9.3
    $1,000-$1,249 265 9.1
    $1,500-$1,999 381 13.1
    $2,000-$2,499 343 11.8
    Others 1311 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3117 37.7
    Employed, worked full-time 3056 37.0
    Employed, worked part-time 1444 17.5
    Employed, away from work 339 4.1
    Unemployed, looking for work 313 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 687 14.2
    Technicians & trades workers 787 16.3
    Clerical & administrative workers 823 17.0
    Sales 554 11.4
    Labourers 496 10.3
    Others 1492 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 111 4.8
    Infants/Primary 704 30.7
    Secondary 700 30.6
    Technical or Further Educational Institution 234 10.2
    University or other Tertiary Institutions 444 19.4
    Others 97 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9180 93.0
    Semi-detached, row or terrace house, townhouse 452 4.6
    Flat, unit or apartment 238 2.4
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1535 48.1
    Being purchased 1110 34.8
    Rented 535 16.8
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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