All About Keilor Downs, Brimbank, VIC, 3038

Keilor Downs, located within the city of Brimbank in Victoria, has experienced notable dynamics in its housing market over recent years. Characterized by a mix of well-maintained older homes and modern developments, the suburb offers diverse options for prospective homeowners and investors. The area has seen substantial growth in property values, reflecting a broader upward trend across Melbourne's suburban housing markets. Factors contributing to this increase include Keilor Downs' strategic location with good connectivity to major roads and public transport, making it a desirable choice for those seeking balance between urban proximity and suburban tranquility. Furthermore, the suburb benefits from a variety of amenities including shopping centers, schools, and recreational facilities, which enhance its appeal to families and young professionals alike.

Living in Keilor Downs offers a laid-back lifestyle with the conveniences of urban living. The community is vibrant and diverse, reflecting a rich tapestry of cultural backgrounds that add to the suburb's charm. Residents enjoy access to lush parklands and recreational facilities, which foster an active lifestyle and provide ideal settings for outdoor activities. The local shopping centers and dining options meet daily needs and add a touch of leisure with cafes and restaurants serving a variety of cuisines. Moreover, the suburb's educational facilities are a draw for families looking for quality schooling options within a close-knit community. Overall, life in Keilor Downs provides a harmonious blend of suburban peace and urban amenities, making it an attractive place for those looking to settle in the Melbourne area.

Keilor Downs Real Estate Market Outlook

Thinking about buying in Keilor Downs? Now could not be a better time, with 4306 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $979,000 with prices in this suburb ranging from $406,000 to $2,143,000. The aproximate distance to the coast is 12 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Keilor Downs due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Keilor Downs provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Keilor Downs necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Keilor Downs we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Keilor Downs a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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