Keilor East vs Pascoe Vale

The median house price is $1.1M in Keilor East and $1.2M in Pascoe Vale, so Keilor East is the cheaper entry point, with Pascoe Vale houses about 1% dearer.

For units, Keilor East sits at a median of $710K against $690K in Pascoe Vale, which makes Pascoe Vale the more affordable unit market and Keilor East the pricier one.

Over the past year house prices moved +10.8% in Keilor East and -0.1% in Pascoe Vale (an estimate), so recent momentum favours Keilor East, while Pascoe Vale went backwards.

Rental vacancy is 0.8% in Keilor East and 2.0% in Pascoe Vale, so landlords in Keilor East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pascoe Vale is the bigger suburb, with a population of 18,171 against 15,078, larger than Keilor East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Keilor East for a lower purchase price, Keilor East for recent price momentum, Keilor East for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.