Get a property report and suburb profile for any property in Keilor Downs

Keilor Downs presents as a practical, family-focused suburb with a mix of established houses and newer townhouses and units, giving streets a settled suburban feel. Many long-term locals and families are drawn to the everyday conveniences nearby: a local shopping centre, community facilities, primary schools and sporting ovals. The suburb backs onto green open space and river parkland, so walking, cycling and weekend sport are common pastimes, and major roads and nearby rail links make access to surrounding centres straightforward.

About 9,857 people live in Keilor Downs, the median age is 43 and homes are predominantly owner-occupied (81.3%), with couple families with children the largest household type at 43.5%. The suburb also has a major aquatic and wellness centre with a 50-metre pool, learn-to-swim and warm-water pools, water slides, a 24-hour gym and co-located wellness services, and council-led park and recreation upgrades are under way. Whether Keilor Downs suits you will come down to whether you want a settled, serviceable suburb with parks and local facilities close at hand.

A median house price of $825,000 in Keilor Downs works out to about 10.2 times a typical local annual household income at the last Census, which puts buying well above local incomes.

Renting looks more moderate but still stretched against local incomes: house rent of $550 a week is about 35.3% of a typical local household's weekly income at the last Census, and unit rent of $480 a week is about 30.8%, both a sizeable share of income. If you're renting rather than buying, those rent shares are the figures that matter and whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months Keilor Downs showed mixed movement between prices and rents. Median house values rose 5.0% over the year, a solid gain, while median unit values increased 3.7%, a modest rise. On the rental side, unit rents rose 3.2%, a modest increase, but house rents edged down 0.9% over the same period.

Put simply, houses delivered the stronger price growth this year while units were the stronger performer for rental income because unit rents rose as house rents fell. What that balance means for you will depend on whether you are prioritising capital growth or rental income and on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.