The Keilor East median house price sits at approximately $950,000 as of the June quarter 2026, according to CoreLogic’s most recent suburb-level data covering the 12 months to May 2026. That figure represents a 4.4% increase year-on-year and a modest 1.1% rise quarter-on-quarter, confirming that Keilor East continues to track upward despite broader Melbourne market headwinds. This guide breaks down exactly what is driving that number, how it compares to historical benchmarks, and what recent comparable sales tell buyers and sellers about realistic expectations in this pocket of Melbourne’s north-west.

What Is the Current Median House Price in Keilor East?

CoreLogic’s suburb profile for Keilor East (postcode 3033) records a 12-month median sale price of $950,000 for houses as of May 2026. The equivalent figure for units and apartments is $620,000, reflecting the strong preference for detached dwellings in this predominantly owner-occupier suburb.

To put that in context, the broader Melbourne metropolitan median house price sits at roughly $920,000 according to the Real Estate Institute of Victoria (REIV) March 2026 quarterly report. Keilor East therefore trades at a small premium of approximately 3.3% above the city-wide median, a position it has held consistently since 2022 as families prioritise land size and relative affordability compared to inner-ring alternatives.

• 12-month median house price: $950,000 (CoreLogic, May 2026)
• 12-month median unit price: $620,000 (CoreLogic, May 2026)
• Quarterly change (houses): +1.1%
• Annual change (houses): +4.4%
• Typical land size: 550 sqm to 750 sqm for post-war stock
• Days on market (median): 32 days (SQM Research, Q1 2026)

How Has the Keilor East Median Changed Year-on-Year and Quarter-on-Quarter?

Understanding the trajectory of the median price matters as much as the headline figure itself. According to CoreLogic rolling 12-month data, the Keilor East house median has moved as follows over recent periods:

• May 2024 (12-month median): ~$910,000
• November 2024 (12-month median): ~$920,000
• February 2025 (12-month median): ~$930,000
• May 2025 (12-month median): ~$910,000 (slight softening mid-cycle)
• November 2025 (12-month median): ~$940,000
• May 2026 (12-month median): ~$950,000

The trajectory shows a gradual, consistent appreciation broken only by a brief mid-2025 softening that mirrored broader Melbourne conditions as the Reserve Bank of Australia held rates steady through most of that year. The RBA’s subsequent 25-basis-point cut in late 2025 contributed to renewed buyer confidence visible in the Q4 2025 and Q1 2026 auction results across Melbourne’s north-west corridor.

SQM Research’s weekly asking price data for Keilor East shows vendor expectations have firmed by roughly 5% in the 12 months to June 2026, suggesting sellers are increasingly confident the market will meet their revised reserve prices rather than requiring heavy discounting.

What Do Recent Comparable Sales Reveal About the Keilor East Market?

Headline medians are useful, but individual comparable sales (or “comps”) give buyers and sellers the ground-level reality check. Based on publicly available data from the Victorian Valuer-General and agent-reported results on realestate.com.au, the following sales illustrate where money is actually changing hands in Keilor East across late 2025 and early 2026:

Sub-$900,000 Bracket

Three-bedroom post-war brick veneer homes on lots of around 550 sqm that have not been substantially updated are clearing in the $850,000 to $900,000 range. These properties attract first-home buyers using the Victorian Homebuyer Fund and investors seeking land-value upside.

$900,000 to $1,050,000 Bracket

This is the most active price band for Keilor East, accounting for the majority of transactions in Q1 2026 according to REIV data. Renovated three- to four-bedroom homes on 600 sqm-plus blocks, or contemporarily built townhouses, sit comfortably in this range. A four-bedroom brick home on Milleara Road sold for $1,030,000 in March 2026, while a renovated three-bedroom on St Helena Road achieved $958,000 in February 2026.

$1,050,000 and Above

Premium results above $1,050,000 are being achieved by architect-designed or comprehensively renovated homes on allotments of 700 sqm or more. These properties often feature open-plan extensions, double garages, and landscaped gardens. CoreLogic records the top quartile threshold for Keilor East houses at approximately $1,125,000 for the 12 months to May 2026.

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

For investors evaluating Keilor East alongside other suburbs, gross rental yield and vacancy metrics are critical inputs. SQM Research data for Q1 2026 indicates a vacancy rate of 1.2% for Keilor East, well below the Greater Melbourne average of 1.9% reported by SQM for the same period. Tight vacancy reflects high owner-occupier demand and limited investor stock coming to market.

The median weekly asking rent for a three-bedroom house in Keilor East is approximately $520 per week as of June 2026, according to realestate.com.au rental listings data. Against a purchase price of $950,000, that implies a gross rental yield of approximately 2.8%. While this sits below the yields available in some higher-density suburbs, the suburb’s relatively low vacancy and consistent capital growth make it attractive for long-hold investors focused on total return.

Investors researching comparable yield profiles across Melbourne may also find it useful to review the median house price in Reservoir, another north-west suburb where the yield-to-price dynamic differs meaningfully from Keilor East.

How Does Keilor East Compare to Nearby Suburbs in 2026?

Contextualising Keilor East’s $950,000 median against neighbouring and comparable suburbs helps buyers understand relative value and where the suburb sits in Melbourne’s broader price hierarchy.

• Keilor East: $950,000 (CoreLogic, May 2026)
• Avondale Heights: ~$960,000 (CoreLogic, May 2026)
• Essendon North: ~$1,100,000 (CoreLogic, May 2026)
• Keilor Park: ~$880,000 (CoreLogic, May 2026)
• Taylors Lakes: ~$820,000 (CoreLogic, May 2026)

Keilor East occupies a mid-range position in Melbourne’s north-west, commanding a premium over outer-western corridors while remaining accessible relative to the established Essendon and Moonee Valley precincts. Buyers priced out of inner-north suburbs might also compare notes using our guide to the median house price in Coburg, where a similar family-suburb profile exists at a different price point, or explore our breakdown of the median house price in Brunswick for further inner-ring context.

What Are the Key Factors Driving Keilor East House Prices in 2026?

Several structural and cyclical factors explain why Keilor East has maintained positive price momentum through 2025 and into 2026:

Infrastructure and Connectivity

The ongoing Western Ring Road and Tullamarine Freeway upgrades continue to improve commute times to the Melbourne CBD and the airport precinct, reinforcing Keilor East’s liveability credentials. The suburb sits approximately 14 kilometres north-west of the CBD, placing it within the orbit of both city-based and airport-corridor workers.

School Catchments

Proximity to highly regarded government schools, including Keilor Heights Primary School and the broader Moonee Valley secondary school network, sustains strong family-buyer demand. According to My School 2025 data, Keilor Heights Primary recorded an Index of Community Socio-Educational Advantage (ICSEA) score of 1,049, above the national average of 1,000, which is a proxy metric buyers increasingly reference when choosing a suburb.

Land Size and Renovation Potential

Keilor East’s predominantly post-war housing stock on 550 sqm to 750 sqm allotments offers genuine renovation and extension potential at a price point well below comparable blocks in inner-ring suburbs. CoreLogic data shows that renovated homes in Keilor East command a 15% to 20% premium over unrenovated equivalents on similar land, creating a clear value-add pathway for owner-occupiers and developers alike.

Rate Environment

Following the RBA’s 25-basis-point rate reduction in late 2025, borrowing capacity improved modestly for owner-occupiers. The RBA cash rate as of June 2026 sits at 3.85%, and the major banks’ standard variable rates have eased to roughly 6.1% to 6.4% according to RBA published lending rate data, providing incremental relief to buyers in the $900,000 to $1,050,000 range that dominates Keilor East activity.

What Should Buyers and Sellers Expect at Auction in Keilor East?

The REIV’s March 2026 quarterly auction report recorded a Melbourne-wide clearance rate of 67%. Keilor East-specific auction results tracked by realestate.com.au show a clearance rate broadly consistent with this metropolitan figure, hovering between 65% and 70% across Q1 2026 auction weekends. Properties that attracted competition above reserve were predominantly four-bedroom family homes on 650 sqm-plus lots and renovated three-bedders in the $900,000 to $980,000 range.

Vendor discounting (the gap between initial asking price and final sale price) averaged 2.1% in Keilor East over the 12 months to March 2026, according to CoreLogic, compared to a Melbourne metropolitan average of 2.8% for the same period. The below-average discounting rate suggests sellers in Keilor East are pricing realistically from the outset and encountering genuine competition at market.

For buyers and sellers tracking price movements across Melbourne’s broader residential market, our coverage of the median house price in Northcote provides a useful inner-north comparison point, illustrating how suburb positioning within Melbourne’s ring structure shapes price outcomes.

Conclusion

Keilor East’s median house price of $950,000 as of May 2026 reflects a suburb delivering steady, inflation-beating capital growth supported by tight vacancy, strong school catchments, and genuine land value. The 4.4% annual gain and 1.1% quarterly increase signal a market that is moving with confidence rather than speculative heat, making it a credible option for both owner-occupiers and long-hold investors. Whether you are buying, selling, or simply benchmarking your existing asset, understanding the specific dynamics behind the Keilor East median gives you a meaningful edge in any negotiation.

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