Keilor East VIC

Postcode 3033 · Moonee Valley LGA

Keilor East is a well-established suburb in Victoria within the Moonee Valley local government area (postcode 3033). With a population of 15,078, the suburb has an established demographic with a median age of 43. Households earn a median income of $99K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Italian, Australian, English.

The median house price in Keilor East is $1.1 million, having grown strongly 6.6% over the past year. Units have a median price of $751,000 (-0.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.

Keilor East is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 64 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.

From an investment perspective, Keilor East offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +6.6% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.5% Low Yield
Price vs State$1.1M/$875K Near Median
Affordability10.6x Stretched
Price Momentum+6.6% Rising
INCOME (ATO 2022-23)
Median Income$63,599
Mean Income$78,037
Earners9,592
YoY Change+7.9%
SEIFA INDEX (ABS)
Advantage7/10
Education7/10
Economic6/10
Disadvantage8/10
MEDIAN HOUSE
$1.1M
6.6% YoY
MEDIAN UNIT
$751K
-0.7% YoY
MEDIAN RENT /WK
$406
POPULATION
15,078
DEMOGRAPHICS
Median Age43
Household Size2.6
HH Income /wk$1,911
Personal Income /wk$759
Mortgage /mth$2,167
CRIME (Moonee Valley LGA)
Crime Rate (per 100k)7,876
Total Incidents10,329
TRANSPORT
Bus Stops64
SCHOOLS (4)
Avg ICSEA1078
Total Students4,425
Independent1
Government2
Catholic1
Penleigh & Essendon Grammar SchoolCombined · Independent · ICSEA 1173
Essendon Keilor CollegeSecondary · Government · ICSEA 1004
St Peter's SchoolPrimary · Catholic · ICSEA 1085
Keilor Heights Primary SchoolPrimary · Government · ICSEA 1049
Data: 2024