Keilor East VIC Property Investment

Brimbank · 3033 · Score: 66/100 · Buy

Median House Price
$1.13M
Rental Yield
2.8%
Vacancy Rate
2.2%
Median Weekly Rent
$600/wk
Median Unit Price
$811K
Population
15,078
Days on Market
32 days
Annual Growth
3.1%
AI Investment Analysis

Keilor East VIC Investment Brief

BUY2.8% gross yield on a $1,125,507 (single source — OnTheHouse only, no peer to validate) median.

THE MARKET

Keilor East has compounded at 4.9%/yr over 5 years. Median sits in the $1,125,507 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 32 days (roughly balanced conditions).

  • Median house: $1,125,507 (single source — OnTheHouse only, no peer to validate) | Units: $811,083
  • Gross yield: 2.8% | Net yield: 1.3%
  • 5yr price CAGR: 4.9%/yr | 3yr forecast: 13.5%/yr
  • Population: 15,078 | Owner-occupier rate: 78% | Affluence: High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.2% (improving) | Rental demand: High
  • Median weekly rent: $600/wk | Days on market: 32 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • Melbourne Airport Rail (SRL Airport) (Announced)
  • West Gate Tunnel (Melbourne) (Under Construction)
  • Transport: Well-connected inner-city location

BULL CASE

If Keilor East maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $1,294,333 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Keilor East pull back 10-15% from $1,125,507, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Noble Park (VIC): $825,401 median, 3.5% yield, 6.5% 1yr growth
  • Springvale (VIC): $966,000 median, 3.2% yield, 9.1% 1yr growth
  • Sunshine North (VIC): $812,442 median, 3.2% yield, 2.8% 1yr growth

THE PLAY

Keilor East presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.8% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,012,956$1,238,058
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.5/10
High SEIFA decile — already upgraded or established affluent area
Moderate capital growth (4.9% CAGR)
Inner/middle ring location (12.9km to CBD) — high gentrification corridor
Active development pipeline (3236 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
5.1%
p.a.
2yr Forecast
4.7%
p.a.
5yr Forecast
4.1%
p.a.

Basis: 5yr CAGR 4.9% + 10yr CAGR 6.7%

Growth drivers
  • +Low rental vacancy (2.2%) — constrained supply
Headwinds
  • High supply pipeline (3236 new approvals) — may cap price growth

Suburb Metric Thresholds

4 green9 yellow3 red
Rental Vacancy Rate
2.2 high impact
Days on Market
32 high impact
Weekly Rent (house)
600 medium impact
5yr Price CAGR
4.9 high impact
10yr Price CAGR
6.66 high impact
1yr Price Growth
3.13 medium impact
Population Growth
0.77 high impact
Median Household Income
1911 medium impact
Unemployment Rate
4.5 medium impact
Public Transport Score
3.1 medium impact
School Zone Quality
7.3 medium impact
Distance to CBD
12.86 medium impact
SEIFA Advantage/Disadvantage
7 medium impact
Owner Occupier Rate
78.5 medium impact
Gross Rental Yield (%)
2.77 high impact
Net Rental Yield (%)
1.27 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

735

2020

605

2021

808

2022

456

2023

632

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3033

Most disadvantagedLeast disadvantaged

Decile 7 of 10 — Average

Population

15,078

Education (IEO)

7/10

Econ. Resources (IER)

8/10

10-Year Investment Projection

Modelled on Keilor East VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $600/wk median rent for Keilor East. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Keilor Heights Primary School
PrimaryGovernment
6.9/10
Essendon Keilor College
SecondaryGovernment
6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.