All About Keysborough, Greater Dandenong, VIC, 3173

Keysborough, located within the Greater Dandenong area of Victoria, has experienced significant growth in its housing market over recent years. Historically a suburb offering more affordable housing options compared to Melbourne’s inner areas, Keysborough has seen a steady increase in property values. This can be attributed to its ongoing development projects, including new housing estates and infrastructure improvements. The suburb offers a mix of contemporary townhouses, family homes, and larger estates, catering to diverse demographics. As more families and professionals look for alternatives to the rising prices in Melbourne’s core, Keysborough presents an attractive option, with the added benefit of proximity to the city while still offering the charm of suburban space and comfort.

Living in Keysborough offers a balanced lifestyle with a mix of urban and natural amenities. The area is known for its multicultural community, reflecting Greater Dandenong’s rich cultural tapestry. Residents enjoy access to numerous parks and recreational areas such as Braeside Park and the Keysborough Golf Club, appealing to those who appreciate outdoor activities. Educational needs are well-served with a range of public and private schools, contributing to its family-friendly appeal. Additionally, the suburb has convenient access to public transport and major roadways, making commutes to Melbourne and surrounding areas manageable. Locals benefit from a vibrant shopping scene, with the Parkmore Shopping Centre offering a wide range of retail and dining options. Overall, Keysborough offers a harmonious blend of convenience, cultural diversity, and suburban tranquility, making it an increasingly sought-after location for homebuyers.

Keysborough Real Estate Market Outlook

Thinking about buying in Keysborough? Now could not be a better time, with 13702 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,275,000 with prices in this suburb ranging from $357,000 to $14,710,000. Keysborough is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Keysborough are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Keysborough provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Keysborough requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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