Suburb Profile Report for Keilor Downs VIC (3038)

Keilor Downs House: Median price $648,000, Annual capital growth 5.86%, Number of sales 72, Weekly median advertised rent $420

Keilor Downs Unit: Median price $500,500, Annual capital growth 4.72%, Number of sales 13, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2267th in the list of Australian suburbs ordered by increase in median house value over the last year, Keilor Downs, 3038 is in the BOTTOM 50% with a property value increase of -0.61% recorded in median house prices.

Comparing Keilor Downs,3038 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Keilor Downs3038 is located in VIC which offers an average discount of -6.51% to property investors. Keilor Downs itself is showing figures that indicate -4.28% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $420 mark per week – giving a return of 3.37% based on the median price in Suburb

Property investors who have had real estate in Keilor Downs, 3038 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.83%

Comparing Keilor Downs,3038 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors should expect to get $375 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$648,000 $500,500
2.86% 0.30%
-0.61% -7.83%
5.86% 4.72%
$420 $375
72 13
3.37% 3.90%
59.4193548387097 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10306
Median household income ($/weekly) 1258
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 3
  • Census Count Percent(%)
    5-14 years 1156 11.2
    25-34 years 1289 12.5
    35-44 years 1224 11.9
    45-54 years 1656 16.1
    55-64 years 1507 14.6
    Others 3474 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 4374 53.7
    Not Married 3439 42.2
    Defacto Relationship 333 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5648 57.6
    Germany 374 3.8
    Netherlands 301 3.1
    Viet Nam 437 4.5
    Other 748 7.6
    Others 2293 23.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 577 6.0
    Christianity 7200 74.3
    Islam 699 7.2
    Other Religious Groups 143 1.5
    No Religion 996 10.3
    Others 74 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 332 11.4
    $800-$999 269 9.3
    $1,000-$1,249 265 9.1
    $1,500-$1,999 381 13.1
    $2,000-$2,499 343 11.8
    Others 1311 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3117 37.7
    Employed, worked full-time 3056 37.0
    Employed, worked part-time 1444 17.5
    Employed, away from work 339 4.1
    Unemployed, looking for work 313 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 687 14.2
    Technicians & trades workers 787 16.3
    Clerical & administrative workers 823 17.0
    Sales 554 11.4
    Labourers 496 10.3
    Others 1492 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 111 4.8
    Infants/Primary 704 30.7
    Secondary 700 30.6
    Technical or Further Educational Institution 234 10.2
    University or other Tertiary Institutions 444 19.4
    Others 97 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9180 93.0
    Semi-detached, row or terrace house, townhouse 452 4.6
    Flat, unit or apartment 238 2.4
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1535 48.1
    Being purchased 1110 34.8
    Rented 535 16.8
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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