Keilor North

Keilor North, VIC 3036 has a diverse age group distribution with a significant proportion of residents aged 65 or over. The median mortgage repayment and rent are moderate, while the median household income is relatively average. The suburb has a mix of professionals, technicians and tradeworkers, and community and personal service workers as the top occupations. Commuting by motor vehicle is common, with a small percentage working from home. Due to the high proportion of older residents and the moderate income levels, the suburb may offer potential for long-term investment in rental properties targeted towards retirees or downsizers. The mix of occupations suggests a stable rental pool for investors looking to rent out properties to professionals and tradeworkers. Keilor North, VIC 3036 presents an opportunity for property investors seeking to cater to the needs of older residents in a stable rental market. The suburb's moderate housing costs and diverse workforce can appeal to those looking for long-term growth potential in the property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022