Allans Flat vs Keilor
Property investment comparison - Allans Flat, VIC 3691 vs Keilor, VIC 3036
Head-to-head across core investment metrics: Allans Flat wins 3, Keilor wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Allans Flat | Keilor |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $485K | $670K |
| Gross rental yield (houses) | 2.93% | 2.91% |
| Gross rental yield (units) | 3.90% | 4.02% |
| 1-year house growth | - | +4.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.3% | 1.5% |
| Population | 297 | 5,906 |
Allans Flat vs Keilor: what the numbers say
The median house price is $1.2M in Allans Flat and $1.2M in Keilor, so Allans Flat is the cheaper entry point, with Keilor houses about 1% dearer.
For units, Allans Flat sits at a median of $485K against $670K in Keilor, which makes Allans Flat the more affordable unit market and Keilor the pricier one.
Gross rental yield on houses is effectively level, at 2.93% in Allans Flat and 2.91% in Keilor, so neither suburb has a cash flow edge on houses.
Rental vacancy is 1.5% in Keilor and 2.3% in Allans Flat, so landlords in Keilor face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Keilor is the bigger suburb, with a population of 5,906 against 297, roughly 20 times the size of Allans Flat; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Allans Flat for a lower purchase price, Keilor for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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