Keilor VIC

Postcode 3036 · Brimbank LGA

Keilor is a mid-sized suburb in Victoria within the Brimbank local government area (postcode 3036). With a population of 5,906, the suburb has a mature demographic with a median age of 46. Households earn a median income of $106K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.

The median house price in Keilor is $1.1 million, having dipped slightly 2% over the past year. Units have a median price of $820,000 (+27.1% YoY). The current median weekly rent is $515. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.

Keilor is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.

From an investment perspective, Keilor offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 10.4x is considered stretched. House prices have moved -2.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.4% Low Yield
Price vs State$1.1M/$875K Near Median
Affordability10.4x Stretched
Price Momentum-2.0% Falling
INCOME (ATO 2022-23)
Median Income$63,972
Mean Income$79,930
Earners5,832
YoY Change+11.4%
SEIFA INDEX (ABS)
Advantage9/10
Education8/10
Economic9/10
Disadvantage9/10
MEDIAN HOUSE
$1.1M
-2% YoY
MEDIAN UNIT
$820K
27.1% YoY
MEDIAN RENT /WK
$400
POPULATION
5,906
DEMOGRAPHICS
Median Age46
Household Size2.7
HH Income /wk$2,046
Personal Income /wk$824
Mortgage /mth$2,167
CRIME (Brimbank LGA)
Crime Rate (per 100k)9,438
Total Incidents18,798
TRANSPORT
Bus Stops32
SCHOOLS (3)
Avg ICSEA1080
Total Students2,775
Independent1
Government1
Catholic1
Overnewton Anglican Community CollegeCombined · Independent · ICSEA 1118
Keilor Primary SchoolPrimary · Government · ICSEA 1044
St Augustine's Primary SchoolPrimary · Catholic · ICSEA 1077
Data: 2024