This property is Off Market
With an average age of 56, households expect an average monthly mortgage payment of $1,830 or a weekly rent payment of $406. The average family earns a weekly income of $1,861 with a typical household size of 2.5 and a 91.52% employment rate.
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. Incomes in Keilor East are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Keilor East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Keilor East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Keilor East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
51 / 100
52 / 100
Industry
33 / 100
17 / 100
Population
42 / 100
32 / 100
House Prices
70 / 100
70 / 100
Jobs
53 / 100
34 / 100
Incidents Trend State Average
Penleigh & Essendon Grammar School
Keilor East, VIC, 3033 Independent Prep-12
Keilor Heights Primary School
Keilor East, VIC, 3033 State Prep-6
St Martin de Porres School
Avondale Heights, VIC, 3034 Independent Prep-6
St Bernard's College
Essendon, VIC, 3040 Independent 7-12
Avondale Primary School
Avondale Heights, VIC, 3034 State Prep-6
Essendon Keilor College
Keilor East, VIC, 3033 State 7-12
St John Bosco's School
Niddrie, VIC, 3042 Independent Prep-6
Niddrie Primary School
Niddrie, VIC, 3042 State Prep-6
Rosehill Secondary College
Niddrie, VIC, 3042 State 7-12
St Peter's School
Keilor East, VIC, 3033 Independent Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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