Keilor East is Melbourne's most affordable north-western suburb with genuine shopping centre access — a well-serviced family suburb centred on Milleara Mall where solid brick homes on generous suburban blocks, proximity to Tullamarine Freeway employment corridors, and consistent airport-economy workforce demand create solid rental yields in a suburb transitioning from manufacturing to residential character. Its improving urban amenity, notable Greek and Italian community character, and price trajectory suggesting strong catch-up growth as inner-ring north-west prices escalate position Keilor East as a reliable investment. At the current $1.05m median house price, an 80% loan at 6.25% over 30 years is about $5,172 per month.
| Median house price | $1,050,000 |
|---|---|
| Median unit price | $590,000 |
| Estimated monthly repayment | $5,172 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 3.8% |
| Typical days on market | 17 |
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