Keilor East is an average performer in VIC when comparing median price capital growth over the last year. Keilor East gave property investors a good capital gain figure when compared to the rest of the state, with 5.63%.
When looking at the potential capital gains offered to property investors over the last 3 years, Keilor East comes in at number 367th in VIC.
Property investors looking for a bargain in Keilor East should be aiming for at least -5.80% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1374 in a list of fastest selling suburbs, Keilor East is in the TOP 40% of suburbs in Australia with an average of days on market 67.9383 for properties listed there.
The VIC suburb of Keilor East, 3033 is in the Moonee Valley (C) local government area.
Keilor East, 3033 ranked 257th in VIC when comparing growth in median property values or capital gain over the last 12 months. Keilor East is one of 2099 in our list for VIC
Over the longer term, Keilor East has seen property prices show investors a 31.35% return over the last 3 years. This is worse than over the last 12 months
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Information supplied by:
Frank Mazzella
GMP Real Estate
M
9331 0111
O
0418 553 119
W
http://gmprealestate.com.au/
E
[email protected]
Keilor East is an established, predominantly residential approximately 10km from the CBD and with several direct access routes there. A small commercial / industrial pocket is located on the NW border of Keilor East, separated from the residential area by the Western Ring Road.
Selling points: Well serviced by schools with two of the state’s top private schools located on its boundaries. Plenty of medical facilities and shops available at Milleara Shopping Centre, Centreway Shops and Dinah Parade strip and easy access to the Keilor Road café precinct.
Most sought-after properties: A variety of properties in the area bounded by Keilor Rd to the north, Buckley St to the south, Milleara Rd to the west and Rachelle Rd to the east
Most common properties: 3 bedroom BV homes
Top amenities: Schools, shops and medical facilities.
Local industry and business: Small business operators, retail shops and tradesmen.
Recent changes: The expansion of the Milleara Shopping Centre and development of large, impressive homes in the Valley Lakes Estate.
Best streets: This is subjective and would depend on whether views, convenience to shops or access to parks is required.
Public transport: Several bus routes operate throughout Keilor East providing access to the transport hubs at Highpoint Shopping Centre and Essendon Station.
Main arteries: Milleara Road and Buckley Street are the main arterial roads in the suburb. Keilor East is bounded by the Western Ring Road and Calder Freeway.