Suburb Profile Report for Keilor Lodge VIC (3038)

Keilor Lodge House: Median price $608,750, Annual capital growth 5.99%, Number of sales 16, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Investment property in Keilor Lodge has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.01%

Keilor Lodge,3038 was ranked 844 in Australia by increase in median property value over the quarter.

In the last year 16 properties changed hands in Keilor Lodge, which puts it as the 629th most active market in VIC when comparing the number of sales per suburb.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.59%, without taking into account capital value appreciation, which has been averaging out at 5.99%.

HOUSE UNIT
$608,750 N/A
3.18% N/A
19.01% N/A
5.99% N/A
$420 N/A
16 N/A
3.59% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 1756
Median household income ($/weekly) 1645
Median age of persons 39
Median housing loan repayment ($/monthly) 1500
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 271 15.4
    15-19 years 156 8.9
    35-44 years 261 14.9
    45-54 years 340 19.4
    55-64 years 199 11.3
    Others 530 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 761 55.7
    Not Married 537 39.3
    Defacto Relationship 69 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1206 71.3
    Japan 64 3.8
    Netherlands 42 2.5
    United Kingdom 36 2.1
    Other 78 4.6
    Others 265 15.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 3.8
    Christianity 1366 82.3
    Islam 51 3.1
    Other Religious Groups 18 1.1
    No Religion 144 8.7
    Others 17 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 38 8.1
    $1,000-$1,249 42 8.9
    $1,500-$1,999 76 16.2
    $2,000-$2,499 58 12.3
    $2,500-$2,999 48 10.2
    Others 208 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 566 41.3
    Not in the labour force 399 29.1
    Employed, worked part-time 309 22.5
    Employed, away from work 58 4.2
    Unemployed, looking for work 39 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 112 12.0
    Professionals 171 18.3
    Technicians & trades workers 133 14.3
    Clerical & administrative workers 157 16.8
    Sales 120 12.9
    Others 240 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.7
    Infants/Primary 151 30.9
    Secondary 177 36.2
    Technical or Further Educational Institution 26 5.3
    University or other Tertiary Institutions 95 19.4
    Others 12 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1676 97.9
    Flat, unit or apartment 19 1.1
    Semi-detached, row or terrace house, townhouse 17 1.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 239 44.9
    Fully owned 236 44.4
    Rented 54 10.2
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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