Keilor Lodge vs Woodend
Property investment comparison - Keilor Lodge, VIC 3038 vs Woodend, VIC 3442
Head-to-head across core investment metrics: Keilor Lodge wins 1, Woodend wins 4. 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 Lodge | Woodend |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | - | $710K |
| Gross rental yield (houses) | - | 3.26% |
| Gross rental yield (units) | 3.89% | 4.19% |
| 1-year house growth | +6.4% | +9.3% |
| 3-year house growth | +15.8% | +0.5% |
| Vacancy rate | 3.5% | 0.3% |
| Population | 1,668 | 6,732 |
Keilor Lodge vs Woodend: what the numbers say
The median house price is $1.1M in Keilor Lodge and $1.1M in Woodend, so Woodend is the cheaper entry point, with Keilor Lodge houses about 1% dearer.
Over the past year house prices moved +6.4% in Keilor Lodge and +9.3% in Woodend, so recent momentum favours Woodend, although both suburbs recorded growth.
Looking back three years, Keilor Lodge houses are +15.8% and Woodend houses +0.5%, so Keilor Lodge has compounded faster than Woodend over the longer window.
Rental vacancy is 0.3% in Woodend and 3.5% in Keilor Lodge, so landlords in Woodend face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Woodend is the bigger suburb, with a population of 6,732 against 1,668, roughly 4.0 times the size of Keilor Lodge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Woodend for a lower purchase price, Woodend for recent price momentum, Woodend 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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