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Keilor vs Strathmore Heights

Property investment comparison - Keilor, VIC 3036 vs Strathmore Heights, VIC 3041

Head-to-head across core investment metrics: Keilor wins 0, Strathmore Heights 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.

MetricKeilorStrathmore Heights
Median house price$1.2M$1.2M
Median unit price$670K-
Gross rental yield (houses)2.91%-
Gross rental yield (units)4.02%4.29%
1-year house growth+4.7%estimate+7.3%
3-year house growth-+12.7%
Vacancy rate1.5%1.4%
Population5,9061,047

Keilor vs Strathmore Heights: what the numbers say

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

Over the past year house prices moved +4.7% in Keilor (an estimate) and +7.3% in Strathmore Heights, so recent momentum favours Strathmore Heights, although both suburbs recorded growth.

Rental vacancy is 1.4% in Strathmore Heights and 1.5% in Keilor, so landlords in Strathmore Heights 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 1,047, roughly 6 times the size of Strathmore Heights; a larger suburb usually means a deeper pool of buyers and tenants.

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

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