Keilor Downs Property Market Overview (2026)
Keilor Downs sits in the affordable outer-suburban market. This is value territory. Prices are lower than inner Melbourne because the suburb is still developing its amenity base, but growth corridors tend to appreciate as infrastructure catches up.
Price Estimates
| Property Type | Estimated Median | Monthly Mortgage (est.)* |
|---|---|---|
| House | $550K–$850K | $2,200–$3,400 |
| Unit/Apartment | $350K–$500K | $2,000–$3,000 |
Estimates based on Keilor Downs’s market positioning. Mortgage estimates assume 20% deposit, 6.5% variable rate, 30-year term. For current sales data, check REIV or Domain.
What Drives Property Value in Keilor Downs
Property prices in any suburb reflect three things: what is already there, what is coming, and how easy it is to get to the CBD. Here is how Keilor Downs stacks up:
| Amenity Factor | Keilor Downs | Impact on Value |
|---|---|---|
| Schools | 5 | Moderate |
| Parks | 24 | High — green space is a premium driver |
| Dining & Cafes | 0 | Developing |
| Medical | 4 | Adequate |
| Supermarkets | 0 | None — drives value down |
| Gyms & Fitness | 3 | Some options |
Total amenity score: 42. Growing infrastructure — early buyers may benefit from appreciation as the suburb develops.
Schools (Key Value Driver)
Keilor Downs has 5 schools — school zone boundaries are one of the strongest price drivers in Melbourne property:
| School | Address |
|---|---|
| Keilor Downs Secondary College | 100-110 Odessa Avenue |
| St Mary MacKillop Primary School | 152-160 Odessa Avenue |
| Monmia Primary School | 91-99 Willys Avenue |
| St Augustine’s Primary School | 35 Augustines Way |
| Keilor Views Primary School | 18 Swindon Crescent |
Check zone boundaries at findmyschool.vic.gov.au.
Rental Market
| Unit Type | Weekly Rent (est.) |
|---|---|
| 1 Bedroom | $260–$360 |
| 2 Bedroom | $350–$450 |
| 3 Bedroom | $450–$600 |
Rental yield estimate: 4.5–5.5% (higher yields in more affordable suburbs).
See our detailed Cost of Living Guide for full cost breakdown.
Before You Buy in Keilor Downs
- Check school zones — findmyschool.vic.gov.au determines your designated school
- Review planning overlays — heritage, flood, bushfire at your local council
- Check flood risk — planning.vic.gov.au
- Attend auctions — quoted ranges in Keilor Downs are guides, not guarantees
- Get a building inspection — non-negotiable for any house purchase
- Talk to locals — knock on a neighbour’s door. They will tell you what agents won’t
Key Links for Keilor Downs Property Research
- Domain — current listings and recent sales
- realestate.com.au — price history and suburb profiles
- REIV — quarterly median prices (the official data)
- ABS Census — population and demographic data
Related Guides
- Best Restaurants in Keilor Downs
- Best Cafes in Keilor Downs
- Best Bars in Keilor Downs
- Cost of Living in Keilor Downs
- Keilor Downs Neighbourhood Guide
- Family Guide to Keilor Downs
- Is Keilor Downs Safe?
- Keilor Downs Transport Guide
Last updated: March 2026. This guide is refreshed when OpenStreetMap data changes — new openings, closures and corrections are reflected automatically. Found something wrong? Let us know.
Sources
- OpenStreetMap Contributors — openstreetmap.org — accessed March 2026
- ABS Census 2021 — abs.gov.au/census
- REIV Quarterly Median Prices — reiv.com.au
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