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Keilor vs Rowville

Property investment comparison - Keilor, VIC 3036 vs Rowville, VIC 3178

Head-to-head across core investment metrics: Keilor wins 2, Rowville wins 3. 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.

MetricKeilorRowville
Median house price$1.2M$1.2M
Median unit price$670K$760K
Gross rental yield (houses)2.91%-
Gross rental yield (units)4.02%4.51%
1-year house growth+4.7%estimate+8.0%
3-year house growth-+9.5%
Vacancy rate1.5%1.6%
Population5,90633,571

Keilor vs Rowville: what the numbers say

The median house price is $1.2M in Keilor and $1.2M in Rowville, so Rowville is the cheaper entry point.

For units, Keilor sits at a median of $670K against $760K in Rowville, which makes Keilor the more affordable unit market and Rowville the pricier one.

Over the past year house prices moved +4.7% in Keilor (an estimate) and +8.0% in Rowville, so recent momentum favours Rowville, although both suburbs recorded growth.

Rental vacancy is the same in both, at 1.5%.

Rowville is the bigger suburb, with a population of 33,571 against 5,906, roughly 6 times the size of Keilor; a larger suburb usually means a deeper pool of buyers and tenants.

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

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