Suburb Profile Report for Keysborough VIC (3173)

Keysborough House: Median price $742,000, Annual capital growth 9.95%, Number of sales 267, Weekly median advertised rent $410

Keysborough Unit: Median price $506,000, Annual capital growth 6.74%, Number of sales 33, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 728th in the list of Australian suburbs ordered by increase in median house value over the last year, Keysborough, 3173 is in the top 20% with a property value increase of 16.94% recorded in median house prices.

If we look at median property appreciation over just the last three months, Keysborough has given property investors a paper return of 3.92%. This puts Suburb as 228 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -1.60% to buyers in Keysborough at the moment, which is less than average for the rest of VIC.

The VIC suburb of Keysborough, 3173 is in the Greater Dandenong local government area.

VIC has seen average median house prices change by 6.72% which means that Keysborough, 3173 has done well for property investors by showing a capital gain of 10.00% over the last year

Keysborough,3173 was ranked 674 in Australia by increase in median property value over the quarter.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.74%, investors should hope to achieve an overall return of 4.11%

Metrics i HOUSE UNIT
$742,000 $506,000
3.92% 1.71%
16.94% 10.00%
9.95% 6.74%
$410 $400
267 33
2.87% 4.11%
35.9 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 19885
Median household income ($/weekly) 1253
Median age of persons 37
Median housing loan repayment ($/monthly) 1800
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 2649 13.3
    25-34 years 2710 13.6
    35-44 years 2840 14.3
    45-54 years 2811 14.1
    55-64 years 2486 12.5
    Others 6390 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 8338 55.0
    Not Married 6146 40.6
    Defacto Relationship 665 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8976 47.4
    Canada 1322 7.0
    Indonesia 879 4.6
    Viet Nam 2006 10.6
    Other 1389 7.3
    Others 4379 23.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 4129 22.3
    Christianity 9937 53.6
    Hinduism 596 3.2
    Islam 1205 6.5
    No Religion 2521 13.6
    Others 139 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 515 9.5
    $1,000-$1,249 569 10.4
    $1,250-$1,499 514 9.4
    $1,500-$1,999 785 14.4
    $2,000-$2,499 579 10.6
    Others 2484 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5975 39.0
    Not in the labour force 5756 37.6
    Employed, worked part-time 2407 15.7
    Employed, away from work 603 3.9
    Unemployed, looking for work 575 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1293 14.4
    Technicians & trades workers 1285 14.3
    Clerical & administrative workers 1355 15.1
    Machinery operators & drivers 1073 11.9
    Labourers 1358 15.1
    Others 2616 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 304 6.4
    Infants/Primary 1518 31.7
    Secondary 1494 31.2
    Technical or Further Educational Institution 408 8.5
    University or other Tertiary Institutions 821 17.2
    Others 239 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 16758 87.6
    Semi-detached, row or terrace house, townhouse 2216 11.6
    Flat, unit or apartment 145 0.8
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2696 45.4
    Fully owned 2270 38.2
    Rented 903 15.2
    Other tenure type 69 1.2
    Tenure Type
Census 2011, ABS
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