Keilor has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.94% to date .
A 39.60% growth in median value for property investors in Keilor,3036 puts this suburb at number 173th in terms of best performing suburbs in VIC
Property buyers and investors in Keilor 3036 should be seeing an average reduction in asking price of around -5.68% . This means that Keilor is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Keilor have been waiting around 49.1714 days to sell a property.
Renters in Suburb are facing rents around $22360 per annum or $430 every week.
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The northwest Melbourne suburb of Keilor seems to have become a popular destination for buyers over the past year, as its stock on market has fallen significantly, by 29.5% compared to this time last year.
That increased interest from buyers might explain the stronger performance of house prices in the region.
Keilor is around 18km from the CBD, and the M79 offers easy access.
Those looking to buy in the suburb should also take into account that it neighbours Tullamarine Airport.
The current median house price sits at $680,000, having increased by 13% over the last year and 19% over the past three.
Rental returns aren’t performing outrageously well at the moment, with the average yield at just 3%.
However, the vacancy rate is only 0.6%, according to Real Estate Investar, so landlords are likely to have good luck in finding tenants.