Keilor Downs

Keilor Downs boasts a diverse population with a mix of age groups, with a significant number of residents aged 20-44. The suburb has a moderate median income and a low percentage of social housing. Residents mainly commute by car and a notable proportion work from home. The education advantage for students attending government schools is relatively moderate compared to other areas. For Houses: Keilor Downs presents a good opportunity for investors interested in renovating properties due to the high Sale Price IQR ratio. With a solid market absorption rate and high demand for renting out rooms, there is potential for capital growth and rental yield. For Units: While Units have shown a decline in growth, the suburb still offers investment potential with a decent market absorption rate. Units also benefit from a high rental yield and low vacancy rate, making them attractive for investors seeking steady rental income. Keilor Downs is a suburb that offers investment opportunities in both Houses and Units. With a good mix of demographics, steady population growth, and convenient commute options, it appeals to a range of residents. The suburb's affordability index, combined with the moderate educational advantage for students, makes it an attractive place for homeowners and investors looking for stable returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022