Suburb Profile Report for Keysborough VIC (3173)

Keysborough House: Median price $660,000, Annual capital growth 9.32%, Number of sales 286, Weekly median advertised rent $400

Keysborough Unit: Median price $445,750, Annual capital growth 7.16%, Number of sales 46, Weekly median advertised rent $400

  • 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 Keysborough, 3173 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 18.07%.

A 53.49% growth in median value for property investors in Keysborough,3173 puts this suburb at number 197th in terms of best performing suburbs in VIC

The most recent median price for Keysborough is $660000, with sellers offering an average of -12.16% off the asking price.

The VIC suburb of Keysborough, 3173 is in the Greater Dandenong local government area.

At number 1609th in the list of Australian suburbs ordered by increase in median house value over the last year, Keysborough, 3173 is in the BOTTOM 10% with a property value increase of -12.85% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Keysborough comes in at number 117th in VIC.

Property investors looking for a bargain in Keysborough should be aiming for at least -1.54% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Keysborough the average time real estate has been on the market is 71.47 days.

Keysborough is 125th on a list of best yielding suburbs for rents in VIC with a 4.67% return

HOUSE UNIT
$660,000 $445,750
3.98% -0.72%
18.07% -12.85%
9.32% 7.16%
$400 $400
286 46
3.15% 4.67%
56.81 71.47

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 19885
Median household income ($/weekly) 1253
Median age of persons 37
Median housing loan repayment ($/monthly) 1800
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 2649 13.3
    25-34 years 2710 13.6
    35-44 years 2840 14.3
    45-54 years 2811 14.1
    55-64 years 2486 12.5
    Others 6390 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 8338 55.0
    Not Married 6146 40.6
    Defacto Relationship 665 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8976 47.4
    Canada 1322 7.0
    Indonesia 879 4.6
    Viet Nam 2006 10.6
    Other 1389 7.3
    Others 4379 23.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 4129 22.3
    Christianity 9937 53.6
    Hinduism 596 3.2
    Islam 1205 6.5
    No Religion 2521 13.6
    Others 139 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 515 9.5
    $1,000-$1,249 569 10.4
    $1,250-$1,499 514 9.4
    $1,500-$1,999 785 14.4
    $2,000-$2,499 579 10.6
    Others 2484 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5975 39.0
    Not in the labour force 5756 37.6
    Employed, worked part-time 2407 15.7
    Employed, away from work 603 3.9
    Unemployed, looking for work 575 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1293 14.4
    Technicians & trades workers 1285 14.3
    Clerical & administrative workers 1355 15.1
    Machinery operators & drivers 1073 11.9
    Labourers 1358 15.1
    Others 2616 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 304 6.4
    Infants/Primary 1518 31.7
    Secondary 1494 31.2
    Technical or Further Educational Institution 408 8.5
    University or other Tertiary Institutions 821 17.2
    Others 239 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 16758 87.6
    Semi-detached, row or terrace house, townhouse 2216 11.6
    Flat, unit or apartment 145 0.8
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2696 45.4
    Fully owned 2270 38.2
    Rented 903 15.2
    Other tenure type 69 1.2
    Tenure Type
Census 2011, ABS
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