Keilor Park is a smaller suburb in Victoria within the Brimbank local government area (postcode 3042). With a population of 2,684, the suburb has an established demographic with a median age of 44. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Italian, Australian, English.
The median house price in Keilor Park is $840,000, having grown strongly 5.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,801.
Public transport access includes 13 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 Park offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($840K/$875K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +5.7% year-on-year.
Keilor Park is a smaller suburb in Victoria within the Brimbank local government area (postcode 3042). With a population of 2,684, the suburb has an established demographic with a median age of 44. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Italian, Australian, English.
The median house price in Keilor Park is $840,000, having grown strongly 5.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,801.
Public transport access includes 13 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 Park offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($840K/$875K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +5.7% year-on-year.