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Median House Prices in Keilor East 2026

June 29, 2026

The Keilor East median house price sits at approximately $910,000 as of Q2 2026, according to CoreLogic’s June 2026 suburb report. That figure represents a 4.1% rise year-on-year and a more modest 1.2% quarter-on-quarter gain, signalling that the suburb continues to attract steady buyer demand despite broader Melbourne market headwinds. If you are weighing up whether to buy, sell, or hold in Keilor East, this guide breaks down exactly what the data shows and what it means in practice.

What Is the Current Median House Price in Keilor East?

CoreLogic data for the 12 months to June 2026 places the Keilor East median house price at $910,000. The median unit price for the same period sits at $620,000, giving investors and owner-occupiers two distinct entry points into the suburb. The house price reflects sales across the full range of dwellings, from original-condition brick veneer homes on generous 600-plus square metre blocks through to recently renovated four-bedroom family homes closer to the East Keilor Primary School catchment.

For context, Keilor East’s median is positioned comfortably below the broader Melbourne metropolitan median of $935,000 recorded by the Real Estate Institute of Victoria (REIV) for the March 2026 quarter, making the suburb an accessible alternative for buyers priced out of inner-ring postcodes. Suburbs such as those covered in our guide to the median house price in Northcote trade at a significant premium, underscoring the relative value Keilor East continues to offer families and investors alike.

How Has the Keilor East Median Changed Over the Past Year?

Understanding the trajectory of prices is just as important as knowing the headline number. According to CoreLogic’s suburb-level data, Keilor East house values have moved as follows:

  • Q2 2025 median: $874,000
  • Q3 2025 median: $881,500 (up 0.9% QoQ)
  • Q4 2025 median: $899,000 (up 2.0% QoQ)
  • Q1 2026 median: $899,000 (flat QoQ, seasonal slowdown)
  • Q2 2026 median: $910,000 (up 1.2% QoQ, up 4.1% YoY)

The pattern reflects a suburb that has not experienced boom-and-bust volatility. Instead, Keilor East has posted consistent low-single-digit annual growth over three consecutive years, according to REIV market data. That consistency is attractive to buyers seeking capital stability rather than speculative gains. The RBA’s decision to hold the cash rate at 3.85% through mid-2026 has helped borrowing conditions stabilise, which analysts credit as a key driver of the measured price recovery seen across Melbourne’s middle-ring suburbs.

What Do Recent Sold Comparables Tell Us About Keilor East Values?

Raw medians only tell part of the story. Looking at recent comparable sales in Keilor East gives a clearer sense of what different property types are actually fetching at auction and private sale.

Three-Bedroom Original Brick Homes

Original-condition three-bedroom brick veneer homes on blocks of around 550-650 sqm have been transacting in the $820,000 to $870,000 range in early 2026, according to reported sales data on realestate.com.au. These properties attract renovation-minded buyers and investors looking for add-value opportunities.

Four-Bedroom Renovated Family Homes

Fully renovated four-bedroom homes with double garages and updated kitchens have achieved results between $950,000 and $1,080,000, with the strongest results recorded in streets with direct access to the Western Ring Road or within walking distance of Keilor East’s local schools. A property on Milleara Road sold for $1,040,000 in April 2026, reflecting the premium buyers place on turnkey family homes in the area.

Units and Townhouses

Two-bedroom units in well-maintained complexes have sold between $580,000 and $650,000, while three-bedroom townhouses have achieved $700,000 to $790,000. The townhouse segment has seen the strongest growth within the unit category, up approximately 5.2% year-on-year, as buyers priced out of freestanding houses seek alternatives with private outdoor space.

What Is the Rental Yield and Vacancy Rate in Keilor East?

For investors considering Keilor East, the rental fundamentals are worth examining closely. SQM Research’s June 2026 data shows a suburb vacancy rate of 1.1% for Keilor East, well below the Greater Melbourne average of 1.8%. That tight vacancy environment has pushed weekly rents higher, with the median weekly rent for houses reaching $530 per week, according to Domain’s June 2026 suburb report.

At a median house price of $910,000 and a median weekly rent of $530, the gross rental yield for houses in Keilor East sits at approximately 3.0%. While that yield is modest by regional standards, it is broadly in line with Melbourne’s middle-ring suburbs and is underpinned by structurally low vacancy. For comparison, investors researching the median house price in Reservoir will find a similar yield profile but at a lower entry price point, which is worth factoring into any cross-suburb investment analysis.

Units offer a slightly stronger yield. At a median price of $620,000 and median weekly rent of $420 for a two-bedroom unit, the gross yield works out to roughly 3.5%. Investors with a yield-focused strategy often find the unit market in suburbs like Keilor East delivers more consistent rental returns than the house market, even if capital growth over the longer term has historically favoured detached dwellings.

What Factors Are Driving Buyer Demand in Keilor East in 2026?

Several structural and local factors are sustaining buyer interest in Keilor East heading into the second half of 2026.

School Catchments and Family Appeal

Keilor East sits within the catchment for a number of well-regarded government primary schools, and its proximity to St Bernard’s College and Penleigh and Essendon Grammar School (PEGS) makes it a destination suburb for families prioritising education. CoreLogic’s Suburb Demand Score for Keilor East registered 72 out of 100 in June 2026, indicating above-average buyer enquiry relative to available stock.

Infrastructure and Connectivity

Direct freeway access via the Western Ring Road and proximity to the Tullamarine Freeway gives Keilor East residents connectivity to the Melbourne CBD (approximately 14 kilometres door-to-door) without the price premium of suburbs closer to the inner ring. The ongoing upgrades to the Airport Rail Link, expected to serve nearby stations from 2028, are already prompting some forward-looking buyers to consider the broader north-western corridor more seriously.

Relative Affordability Within Melbourne’s North-West

At $910,000, Keilor East remains more affordable than comparable family suburbs such as Essendon ($1,350,000 median, REIV Q1 2026) and Moonee Ponds ($1,280,000 median, REIV Q1 2026). Buyers seeking the lifestyle benefits of Melbourne’s north-west without stretching their borrowing capacity to its limit continue to be drawn to Keilor East. Those also researching fringe suburbs should review our breakdown of the median house price in Coburg for another data-rich comparison point across Melbourne’s northern and western suburbs.

Stock Levels and Days on Market

SQM Research recorded 68 properties listed for sale in Keilor East as of June 2026, which is below the suburb’s five-year average of 81 listings for the same month. Lower stock levels combined with steady demand are creating competitive conditions, particularly for four-bedroom family homes. The median days on market for houses in Keilor East was 28 days in Q2 2026, down from 34 days in Q2 2025, a signal that properties are selling faster year-on-year.

Is 2026 a Good Time to Buy or Sell in Keilor East?

Based on current data, Keilor East presents a nuanced picture for both buyers and sellers. For sellers, the combination of low stock levels, a 4.1% annual price increase, and days on market compressing to 28 days represents a favourable environment. Listing in the spring campaign window (September to November 2026) is likely to maximise competition among buyers, according to historical seasonal trends tracked by CoreLogic across Melbourne’s middle-ring suburbs.

For buyers, the case for acting sooner rather than later is supported by the RBA’s signalling of a potential further rate reduction in late 2026, which would likely stimulate additional demand and put upward pressure on prices in an already under-supplied market. Buyers with pre-approval in place are best positioned to move quickly in the current environment, given the 28-day median time on market leaves little room for indecision.

In summary, Keilor East’s median house price of $910,000 as of Q2 2026 reflects a suburb that offers genuine value within Melbourne’s north-western corridor, supported by tight vacancy, improving infrastructure, strong school catchments, and a price point that remains accessible relative to comparable family suburbs. Whether you are buying, selling, or investing, the data points to a market that is performing with quiet consistency rather than dramatic volatility, making it a compelling suburb to watch through the rest of 2026 and beyond.

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