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

Keilor East is an established, primarily residential suburb with mid-century brick bungalows and weatherboard cottages alongside pockets of newer townhouses. Wide, tree-lined streets, small neighbourhood shopping strips, community halls and sporting ovals shape everyday life, while a network of parks and creek-side reserves provides space for walking, cycling and weekend sport. Public buses and nearby arterial roads link residents to larger retail centres and employment precincts, and the substantially new Keilor East Leisure Centre serves the local area.

The suburb attracts families and long-term residents, with younger buyers increasingly drawn to its convenience and garden-oriented lifestyle. Keilor East has 15,078 people, a median age of 43 and an owner-occupier share of 80.7%, and a future train station is planned as part of the Melbourne Airport Rail project. Whether Keilor East suits you will depend on the kind of neighbourhood and transport connections you want.

House buying in Keilor East sits well above what a typical local household earned at the last Census. The median house price of $1,135,000 is about 11.4 times a local household's annual income as recorded at the most recent Census (annual income = $1,911 a week × 52 = $99,372). On the rental side, $650 a week for a house would take about 34.0% of that weekly household income, a sizeable share, while $530 a week for a unit would take about 27.7%, a moderate share. On these figures, buying is noticeably more stretched against local incomes than renting, but whether that feels expensive depends on your own circumstances.

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

The figures for Keilor East show a clear split over the past 12 months. House values climbed 13.2%, a strong rise, while house rents rose 8.3%, a solid increase. By contrast, unit values fell 13.5%, a sharp decline, even as unit rents rose 5.4%, a solid gain.

For someone weighing Keilor East as an investment, the value numbers speak to capital growth and the rent numbers speak to rental income. Houses showed strong capital gains alongside solid rent growth, whereas units saw a marked fall in value while still delivering higher rents; which of those patterns matters to you will depend on your goals 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.