keilor

3036, Victoria

Real Estate & Property Information

Median
Price Rank
193

keilor Suburb Profile & Review

Keilor is a north-western suburb located in a basin of the Maribyrnong River. Primarily residential, it is flanked by large shopping centres such as Centro Keilor in Keilor Downs, and Watergardens Town Centre in Taylors Lakes.

Keilor is touted as a family-friendly suburb due to the number of schools in and around the area, such as the prestigious Penleigh and Essendon Grammar School in Keilor East. Brimbank Park in the Maribyrnong Valley teems with leisure activities walking trails, barbeque facilities, picnic grounds and playgrounds are all available in abundance and the Leaping Lizard cafe is a handy rest stop in the park's centre. Keilor Village on the Old Calder Highway is a small but thriving shopping strip featuring bakeries, delis, healthcare specialists and the Keilor Village Library.

The Calder Freeway runs through the suburb, providing residents with an easy route to both the inner city and country Victoria. The nearest train station is Keilor Plains in St Albans, which runs to Southern Cross Station on the Sydenham line.

keilor Demographic Data

$ 570,000 Median House Price

22 Minutes Average Commute

43 Median Age

5,759 Population

50.63 % Female

49.37 % Male

1619 NO OF FAMILIES

1.9 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in keilor, Victoria.

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keilor Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

keilor Median House Prices

  • 2008 $ 450,000
  • 2009 $ 500,000
  • 2010 $ 510,000
  • 2011 $ 610,000
  • 2012 $ 570,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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keilor 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in keilor have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term keilor property price predictions.

keilor Market Property Types

  • 89 % Seperate House
  • 8 % Semi Detached
  • 2 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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keilor Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

keilor Income & Mortgage Stats

  • $ 1,554 Median Weekly Household Income
  • $ 1,950 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in keilor

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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keilor Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

keilor Sold Property Prices

keilor Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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keilor Restaurants

  • The Village Pizzeria662-664 Old Calder Hwy keilor VIC 303603 9331 5233
  • The Old Keilor Hotel670 Old Calder Hwykeilor VIC 303603 9334 0400
  • New Dragon Chinese694 Old Calder Highwaykeilor VIC 303603 9336 4064

keilor Cafes

  • Clem Tech57 Church Streetkeilor VIC 303603 9336 1007
  • Caffe Dolce Caffe682 Calder Highwaykeilor VIC 303603 9331 7622

keilor Schools

  • St. Augustines Primary SchoolAugustine Waykeilor VIC 3036(03) 9336 4294Catholic Primary School
  • Lowther Hall Anglican Grammar Sports ComplexOvernewton Rdkeilor VIC 3036(03) 9336 1040Private School
  • Overnewton Anglican Community College Keilor Campus2 - 30 Overnewton Rdkeilor VIC 3036(03) 9334 0000Private School

keilor Childcare

  • Kids Retreat890 Old Calder Hwykeilor VIC 3036
  • Mission Australia ELC26 Kennedy Streetkeilor VIC 3036

keilor Kindergarten and Preschools

  • Keilor Gatehouse Preschool11a Parramatta Rdkeilor VIC 3036
  • Keilor Village PreschoolKennedy Stkeilor VIC 3036

keilor Sporting Centres and Clubs

  • International Basketball Centrekeilor VIC 3036Athletics Club
  • Keilor Park Rec Reservekeilor VIC 3036Athletics Club
  • Keilorkeilor VIC 3036Bowling Club

keilor Retirement Villages

  • Keilor Aged Carekeilor VIC 3036

Find out How Much your House is Worth in keilor

Request a free market Basic Report for keilor to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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