Over the last year, property investments in Keilor Park, 3042 have given investors a capital gain of 18.91%. This compares very favourably with the 10.83% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Keilor Park,3042 has racked up an average of 18.91% over the period. This ranks it number 957th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Keilor Park are currently offering property investors an average price cut of -1.48% below the asking price at the moment.
In the last year 40 properties changed hands in Keilor Park, which puts it as the 482th most active market in VIC when comparing the number of sales per suburb.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 2.99%, without taking into account capital value appreciation, which has been averaging out at 8.99%.
Property value increases in Keilor Park have tracked just higher than the VIC average of 4.90% over the last 12 months.
Keilor Park, 3042’s gross rental yield is 4.22%