Keilor Downs is a mid-sized suburb in Victoria within the Brimbank local government area (postcode 3038). With a population of 9,857, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Keilor Downs is $767,000, having dipped slightly 0.5% over the past year. Units have a median price of $600,000 (+5.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,733.
Keilor Downs is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 45 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 Downs offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($767K/$875K). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -0.5% year-on-year.
Keilor Downs is a mid-sized suburb in Victoria within the Brimbank local government area (postcode 3038). With a population of 9,857, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Keilor Downs is $767,000, having dipped slightly 0.5% over the past year. Units have a median price of $600,000 (+5.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,733.
Keilor Downs is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 45 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 Downs offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($767K/$875K). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -0.5% year-on-year.