Keysborough

Keysborough is a vibrant suburb with a population of 30,018 residents. The area has experienced steady population growth over the years and offers a diverse range of age groups, with a mix of young families and working professionals. The suburb has a good mix of occupations, with a notable presence of managers, professionals, and technicians/tradeworkers. Residents primarily commute by motor vehicle and have a good proportion working from home. For houses in Keysborough, there is potential for renovators given the high sale price IQR ratio, indicating opportunities for adding value through renovations. The suburb offers moderate rental yields and a solid median growth rate which could appeal to long-term investors. Additionally, the low vacancy rate and decent market absorption rate suggest a stable rental market. For units, the lower sale price IQR ratio indicates a more stable market with less volatility in prices. Keysborough presents a promising opportunity for property investors looking to leverage steady growth potential and stable rental demand. The suburb's demographic diversity and convenient commuting options make it an attractive choice for both homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022