Suburb Profile Report for Keilor Downs VIC (3038)

Keilor Downs House: Median price $671,000, Annual capital growth 8.06%, Number of sales 69, Weekly median advertised rent $395

Keilor Downs Unit: Median price $530,000, Annual capital growth 7.91%, Number of sales 10, Weekly median advertised rent $345

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

If you compare the increase in value of investment property in Keilor Downs, 3038 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.36%.

A 68.81% growth in median value for property investors in Keilor Downs,3038 puts this suburb at number 420th in terms of best performing suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Keilor Downs is offering property investors an average of -5.19. This rate of discount on properties puts Suburb at number 269th in terms of most discounted suburbs in VIC

Property investors who have had real estate in Keilor Downs, 3038 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.58%

Keilor Downs,3038 has offered an average of 11.58% return per annum in house price rises to property investors over the last three years.

Keilor Downs, 3038 is offering VIC ‘s 178th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Metrics i HOUSE UNIT
$671,000 $530,000
0.15% 4.74%
7.36% 11.58%
8.06% 7.91%
$395 $345
69 10
3.06% 3.38%
56.69 31.27

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Keilor Downs VIC
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
Chart Table
Recent sales & rentals