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Keilor East suburb profile

Keilor East is a vibrant suburb located approximately 16km northwest of Melbourne's CBD, known for its family-friendly atmosphere and diverse community. The suburb offers a mix of residential options, from classic homes to modern developments, catering to a wide range of residents. Keilor East is well-serviced by public transport and major roadways, providing easy access to the city and surrounding areas. The suburb boasts numerous parks, recreational facilities, and shopping centers, making it an attractive destination for families and professionals alike. Its blend of suburban tranquility and urban convenience continues to draw interest from homebuyers and investors.

Keilor East property market performance

Current median dwelling price$812,625Past 3 months

Property growth-0.7%Past 12 months

Keilor East’s property market has shown positive growth over the past 12 months, with house values increasing by 5.4%, bringing the median house price to approximately $1.01 million. The unit market, however, has remained stagnant with no change in median value, reflecting limited activity in this segment.

Sales activity has been relatively active for houses, with 53 sold in the past 12 months, while only 3 units were sold, indicating a stronger demand for houses. Houses are selling at a median of 40 days on the market, while unit data is insufficient to determine a trend.

The rental market in Keilor East has experienced notable growth, with house rents increasing by 8.3% and unit rents by 8.1% over the last 12 months, suggesting a healthy demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$1.01MN/A
Change in value
Past 12 months
5.4%-6.8%
Sold
Past 3 months
533
Median days on market
Past 12 months
40N/A
Average rent
Past 12 months
$650$535
Change in rent
Past 12 months
8.3%8.1%

5 year median price trend for houses and units

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Keilor East demographics

Keilor East, located in Melbourne's north-west, is a suburb that offers a blend of suburban tranquility and urban convenience. With a population of 15,078, it is a community that appeals to families and long-term residents, as evidenced by the median age of 43. This reflects a mature demographic, with many residents likely to be established in their careers and family lives. The suburb's proximity to the city, combined with its peaceful environment, makes it an attractive place for those seeking a balanced lifestyle.

The housing landscape in Keilor East is characterized by a high rate of home ownership, with 47.3% of properties owned outright and 33.4% owned with a mortgage. This indicates a stable community with a significant number of long-term residents. Only 19.3% of properties are rented, suggesting that the suburb is less transient compared to more urban areas. The strong sense of community is further supported by the family-oriented nature of the suburb, with 47.9% of households being couple families with children and 35.0% being couple families without children.

Keilor East's appeal is enhanced by its accessibility to amenities and services, making it a practical choice for families. The median total household income of $1,911 per week suggests a comfortable standard of living, with residents enjoying the benefits of both suburban and urban life. The suburb's mix of established homes, parks, and local schools contributes to its reputation as a family-friendly area, making it a desirable location for those looking to settle down in a supportive and well-connected community.

Keilor East infrastructure, key developments and investment opportunities

Keilor East is seeing steady local change, with incremental infill development and townhouse projects adding to housing supply and modernising the suburb’s streetscape, which may support ongoing buyer demand and price growth.[4][5] Existing road infrastructure, including proximity to major arterials and the Calder Freeway, continues to provide strong connectivity to employment hubs, underpinning the area’s appeal for commuters and families.[5]

Local schooling options such as Keilor Heights Primary School, Essendon Keilor College’s East Keilor campus and nearby Catholic primary offerings remain key drawcards for family buyers and help maintain consistent demand for homes in established school catchments.[4] Access to the Maribyrnong River and Steele Creek corridors, along with nearby parks and walking tracks, enhances lifestyle and walkability, supporting the suburb’s long-term desirability even in the absence of any single large-scale new infrastructure project.[5]

Keilor East rental market trends

The rental market in Keilor East has experienced steady growth, with house rents increasing by 8.3% over the past year to $650 per week, while unit rents have risen by 8.1% to $535 per week. This suburb continues to attract interest due to its balanced rental market and promising investment potential, making it an appealing choice for both renters and investors.

Suburbs near Keilor East

Some popular suburbs near Keilor East include:

How does Keilor East compare to nearby suburbs?

  • Median house prices: Keilor East’s median house price is 6.6% higher than Airport West’s.
  • Median unit prices: Keilor East’s median unit price is 10.2% lower than Airport West’s.
  • House price growth: Over the past 12 months, house prices in Keilor East have grown 4.1% higher than in Niddrie.
  • Unit price growth: Property prices in nearby Airport West have risen 12.8% more than in Keilor East over the past year.
  • Selling speed for houses: Properties in Keilor East are selling 14.9% faster than in Airport West.
  • Investment considerations: In Keilor East, the rental yield for house is 3.5% higher than the Melbourne average, while the rental yield for units is 8.4% lower.
  • House price growth: Over the past 12 months, house prices in Keilor East have grown 3.3% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Keilor East have grown 13.2% higher than the average rate of growth for units across Melbourne.

Common questions about Keilor East

  • Is Keilor East a nice place to live?

    Keilor East is a delightful suburb that offers a charming blend of suburban tranquility and urban convenience, making it a wonderful place to call home. Known for its family-friendly atmosphere, Keilor East is a haven for those seeking a peaceful yet connected lifestyle. The suburb is characterized by its leafy streets, a variety of housing options, and a strong sense of community, which makes it particularly appealing to families. With numerous parks and recreational facilities, there are plenty of opportunities for outdoor activities, ensuring that residents can enjoy a healthy and active lifestyle.

    The vibe in Keilor East is one of warmth and inclusivity, with a diverse community that welcomes people from all walks of life. The suburb is well-serviced by public transport and major roadways, providing easy access to Melbourne's CBD and surrounding areas. This connectivity is a significant advantage for commuters and families who appreciate the convenience of urban amenities without sacrificing the serenity of suburban living. Local shopping centers, cafes, and eateries add to the suburb's appeal, offering residents a variety of options for dining and leisure.

    Safety is generally not a major concern in Keilor East, contributing to its reputation as a secure and stable environment for raising a family. The suburb's educational facilities, including reputable primary and secondary schools, are a significant draw for families looking to provide their children with quality education. However, one trade-off to consider is that while Keilor East offers a peaceful lifestyle, it may not have the vibrant nightlife or cultural scene found in more central locations. Nonetheless, the suburb's proximity to the city ensures that these amenities are never too far away.

    Overall, Keilor East is a fantastic choice for those who value a supportive community, access to green spaces, and the convenience of urban amenities. It is a suburb that offers a balanced lifestyle, making it a desirable location for families and individuals looking to settle down in a welcoming and well-connected community.

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  • Is it expensive to live in Keilor East?

    Living in Keilor East can be considered moderately expensive, especially when compared to the average wage in Victoria. The median house price in Keilor East is currently about $1,012,500, which is quite substantial. For those looking to rent, houses average around $650 per week, while units average $535 per week. This indicates that a significant portion of income would need to be allocated to housing costs.

    In terms of income, the average wage in Keilor East is approximately $84,000 per year, which aligns closely with the average income for the broader Melbourne area. However, when you consider the median total household income in Keilor East is $1,911 per week, it suggests that many households have dual incomes to manage the cost of living comfortably.

    Overall, while Keilor East offers a suburban lifestyle with access to amenities and services, the cost of housing is a key factor to consider. If you are thinking of living in Keilor East, it would be wise to evaluate your financial situation to ensure it can accommodate the expenses associated with living in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Keilor East a good place to invest?

    Keilor East is showing promising signs as a solid investment suburb, particularly for those interested in rental income. Over the past year, the median house value in Keilor East has increased by 5.4%, indicating a steady appreciation in property values. While the median unit value has remained stable, the rental market tells a different story. Both houses and units have seen significant rent increases, with house rents rising by 8.3% and unit rents by 8.1%. This suggests strong demand from renters, which is a positive indicator for potential investors looking for reliable rental returns.

    The suburb's appeal is further enhanced by its family-friendly environment and proximity to essential amenities, making it attractive to both renters and buyers. While the growth in house values is modest compared to some other areas, the stability in unit values combined with the robust rental market makes Keilor East a compelling choice for investors seeking consistent rental income. Overall, Keilor East offers a balanced investment opportunity with potential for both capital growth and strong rental yields.

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Choose the right real estate agents in Keilor East

Currently, there are 72 real estate agents working in Keilor East—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 72 agents sold 43.6% of all properties in Keilor East over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Keilor East typically charge a commission of 1.54% to 2.94%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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