Property value increases in Keilor Downs have tracked just higher than the VIC average of 11.73% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Keilor Downs has increased when compared to the 5 year average annual rate.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.13%, without taking into account capital value appreciation, which has been averaging out at 8.95%.
Keilor Downs is in the TOP 20% in VIC when comparing median price capital growth over the last year. Keilor Downs gave property investors a very good capital gain figure when compared to the rest of the state, with 18.64%.
Keilor Downs,3038 was ranked 324 in Australia by increase in median property value over the quarter.
Advertised rents are around the $355 mark per week – giving a return of 4.08% based on the median price in Suburb