Keilor East vs Tarrengower
Property investment comparison - Keilor East, VIC 3033 vs Tarrengower, VIC 3463
Head-to-head across core investment metrics: Keilor East wins 4, Tarrengower wins 1. 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 | Keilor East | Tarrengower |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $710K | $825K |
| Gross rental yield (houses) | 2.84% | 2.49% |
| Gross rental yield (units) | 4.30% | 1.86% |
| 1-year house growth | +10.8% | - |
| 3-year house growth | +15.4% | - |
| Vacancy rate | 0.8% | 3.5% |
| Population | 15,078 | 56 |
Keilor East vs Tarrengower: what the numbers say
The median house price is $1.1M in Keilor East and $1.1M in Tarrengower, so Tarrengower is the cheaper entry point, with Keilor East houses about 1% dearer.
For units, Keilor East sits at a median of $710K against $825K in Tarrengower, which makes Keilor East the more affordable unit market and Tarrengower the pricier one.
On cash flow, Keilor East leads: houses there return a gross rental yield of 2.84%, compared with 2.49% in Tarrengower, a gap of 0.35 percentage points.
Rental vacancy is 0.8% in Keilor East and 3.5% in Tarrengower, 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.
Keilor East is the bigger suburb, with a population of 15,078 against 56, roughly 269 times the size of Tarrengower; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Keilor East for rental income, Tarrengower for a lower purchase price, Keilor East 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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