Get a property report and suburb profile for any property in Keysborough

Keysborough is a south-eastern Melbourne suburb with a predominantly residential, family-oriented character. Broad, tree-lined streets of established brick houses sit alongside newer townhouse and estate pockets, and more than half of families are couple families with children (55.4%). Homes are mostly owner-occupied — about four in five are owned — and the median age is 36 with a median household income of $1,991 a week.

Everyday life is shaped by parks, sporting ovals and wetlands along the Dandenong Creek corridor, local shopping centres, schools and community facilities, while bus routes and major road links connect to neighbouring activity centres. Keysborough now has a major civic facility at Tatterson Park, the Keysborough Community Hub, which includes a library lounge, maternal and child health services, early years spaces, community rooms, outdoor play areas and planned kindergarten places. Whether Keysborough suits you will come down to how much you value space, nearby green areas and local amenities.

In Keysborough the median house price of $935,000 works out to about 9.0 times a typical local household's annual income as recorded at the last Census, which places buying well above local incomes.

Looking at rents against that same Census income, $725 a week for a house is about 36.5% of a typical local household's weekly income (a sizeable share), and $588 a week for a unit is about 29.5% (a moderate share). On these figures buying sits further from what people locally earned at the last Census, while renting—particularly a house—still takes a significant part of a typical household's income; 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.

Over the past 12 months in Keysborough, house values rose a modest 3.2% while unit values declined 3.9%. Rents climbed solidly over the same period, with house rents up 6.6% and unit rents up 6.9%.

Put simply, rental income grew faster than house prices this year, and for units rents rose even as unit values fell. If rental income is your priority, those rent figures are the most relevant; if capital growth matters more, focus on the value movements. Whether that fits your goals and circumstances is for you to weigh up.

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.