Suburb Profile Report for Keilor Park VIC (3042)

Keilor Park House: Median price $730,000, Annual capital growth 7.66%, Number of sales 19, Weekly median advertised rent $450

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

If you compare the increase in value of investment property in Keilor Park, 3042 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -2.42%.

A 62.22% growth in median value for property investors in Keilor Park,3042 puts this suburb at number 305th in terms of best performing suburbs in VIC

Vendor discounting in Keilor Park is giving property investors an average Vendor Discount of around -10.96%. This puts suburb at number 47th in VIC when ranking the most discounted suburbs.

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

Keilor Park is 423th on a list of best yielding suburbs for rents in VIC with a 3.21% return

Metrics i HOUSE UNIT
$730,000 N/A
0.00% N/A
-2.42% N/A
7.66% N/A
$450 N/A
19 N/A
3.21% N/A
85.5 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Very good (U)
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Demographics
Total population 2539
Median household income ($/weekly) 1088
Median age of persons 43
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    25-34 years 310 12.2
    35-44 years 362 14.3
    45-54 years 274 10.8
    55-64 years 397 15.6
    65-74 years 377 14.8
    Others 819 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 1180 56.9
    Not Married 781 37.7
    Defacto Relationship 111 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1603 64.8
    Hong Kong 55 2.2
    Japan 367 14.8
    United Kingdom 44 1.8
    Other 100 4.0
    Others 305 12.3
    Country of Birth
    Census Count Percent(%)
    Christianity 2017 83.7
    No Religion 288 11.9
    Buddhism 51 2.1
    Islam 38 1.6
    Hinduism 17 0.7
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 116 13.5
    $600-$799 93 10.8
    $800-$999 86 10.0
    $1,500-$1,999 102 11.9
    $2,000-$2,499 82 9.5
    Others 380 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 889 42.5
    Employed, worked full-time 748 35.7
    Employed, worked part-time 351 16.8
    Employed, away from work 54 2.6
    Unemployed, looking for work 52 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 187 16.3
    Technicians & trades workers 209 18.2
    Community & personal service workers 108 9.4
    Clerical & administrative workers 213 18.5
    Sales 125 10.9
    Others 308 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 38 8.4
    Infants/Primary 149 33.0
    Secondary 125 27.7
    Technical or Further Educational Institution 44 9.8
    University or other Tertiary Institutions 73 16.2
    Others 22 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2338 94.3
    Semi-detached, row or terrace house, townhouse 77 3.1
    Flat, unit or apartment 57 2.3
    House or flat attached to a shop, office 7 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 492 52.8
    Being purchased 281 30.2
    Rented 156 16.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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