keilor east
3033, Victoria
Real Estate & Property Information
keilor east Suburb Profile & Review
Keilor East 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.
There are a number of schools in and around the area, such as the prestigious Penleigh and Essendon Grammar School. 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 east Demographic Data
$ 580,000 Median House Price
19 Minutes Average Commute
42 Median Age
13,259 Population
51.16 % Female
48.84 % Male
3846 NO OF FAMILIES
1.8 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 east, Victoria.
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keilor east 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.
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 east Market Property Types
- 90 % Seperate House
- 7 % Semi Detached
- 3 % 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 east 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 east Income & Mortgage Stats
- $ 1,225 Median Weekly Household Income
- $ 1,733 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 east
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 east 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 east Sold Property Prices
Limestone Avenue
29 ELLEN AVE
15 WOORITE PL
4 Groves Street
24 Heatherlea Crescent
15 Heather Avenue
keilor east 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 east Cafes
- Leaping Lizards Cafe1 Brimbank Parkkeilor east VIC 303303 9336 3909
- Leaping Lizard CafeMaribyrnong Valley Parklandskeilor east VIC 303303 9336 3909
keilor east Schools
- St. Peters Primary School2A Parkside Avenuekeilor east VIC 3033(03) 9337 4111Catholic Primary School
- Penleigh & Essendon Grammar Middle School (boys)Corner of Keilor and Rachelle Roadskeilor east VIC 3033(03) 9016 2000Private School
- Keilor Heights Primary SchoolRonald Grovekeilor east VIC 3033(03) 9336 1739 State Primary School
keilor east Childcare
- Keilor East Milleara Family & Community HubMilleara Rdkeilor east VIC 3033
keilor east Kindergarten and Preschools
- Keilor East Preschool31 Mark Streetkeilor east VIC 3033
- Lincolnville PreschoolDevon Avenuekeilor east VIC 3033
- Milleara Gardens PreschoolPark Drivekeilor east VIC 3033
keilor east Sporting Centres and Clubs
- Essendon Grammarkeilor east VIC 3033Hockey Club
- St. Bernards Collegekeilor east VIC 3033Hockey Club
- Keilor East Tennis Clubkeilor east VIC 3033Tennis Club & Courts
Find out How Much your House is Worth in keilor east
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