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Suburb Insights · VIC 3173

Keysborough, VIC 3173 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Keysborough is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 30,018, making it a sizeable community. Located approximately 28 km from the Melbourne CBD, Keysborough is a outer metro area in Victoria. The median household income is $103,532 per year.

Investment Score

75 / 100 Good

Above-average earnings in Keysborough support sustained property values.

Location

Melbourne
Keysborough
Victoria · 3173
28 km from Melbourne CBD
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Key Indicators

Postcode
3173

Official Australia Post postcode for Keysborough. A postcode may cover multiple suburbs.

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Population
30,018

Usual resident population at the most recent census.

Median weekly rent
$421/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$103,532/yr

Annual median household income (before tax) across all households.

Distance to CBD
28 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
8

Estimated 8 schools within or near this suburb.

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Parks & green spaces
12

Estimated 12 parks and green spaces near this suburb.

Median monthly mortgage
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
86% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Keysborough

Who Keysborough Suits

👨‍👩‍👧Families8 schools nearby, 86% separate houses.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Victoria median — stretch goal.
💼ProfessionalsAround 28 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Access to several schools nearby (around 8).
  • Local parks and reserves (around 12) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Median mortgage sits above the Victoria state median — entry costs are stretched.
  • New-estate oversupply risk — many similar homes can compete for the same buyers.

Investment Insight

With 30,018 residents, Keysborough is one of Victoria's more populous suburbs — roughly 4.0× the state median of 7,416 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Households here earn $103,532/year on average — 9% above the VIC suburb median of $95,160 — a modest premium that supports resilient owner-occupier demand. Rent of $421/week (84% coverage of the $2,167/month median mortgage) leaves a gap of roughly $343/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 28 km from Melbourne, Keysborough is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.

Investment Tip

Outer-metro suburbs reward careful property selection — aim for homes near infrastructure rather than generic house-and-land packages. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Keysborough vs Victoria Median

How Keysborough stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Keysborough sits above the state median; negative means below.

MetricKeysboroughVIC medianΔ vs state
Population30,0187,416+305%
Median household income$103,532/yr$95,160/yr+9%
Median rent (weekly)$421$380+11%
Median mortgage (monthly)$2,167$1,950+11%
Distance to CBD28 km32 km-12%
Separate houses86%78%+8pp

Investor Checklist

Pre-inspection briefing for Keysborough — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Solid buy-and-hold profile: a population of 30,018 and household income close to the VIC median ($103,532 vs $95,160) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.

⚠️
Rental Yield

Moderate rental coverage: rent of $421/week covers 84% of a $2,167/month mortgage, leaving a $343/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 86% houses in a 30,018-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Keysborough property

Full Property Analysis

30-year projections for Keysborough

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2026 Outlook

Growth: Moderate Rental Demand: Strong Investor Sentiment: Strong

Property values in Keysborough should track the wider Victoria market through 2026, with the $103,532/year median household income (9% above the $95,160 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~84% of the typical mortgage ($1,824/month rent vs $2,167/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 75/100 places Keysborough in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Keysborough a good suburb for investment?

Keysborough scores 75/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 30,018, median household income of $103,532/year and median weekly rent of $421. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Keysborough?

The main demand drivers in Keysborough are an above-state-median household income of $103,532/year, a dwelling mix that is 86% separate houses, roughly 8 schools and 12 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Keysborough?

Keysborough has a usual resident population of approximately 30,018, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Keysborough from the Melbourne CBD?

Keysborough sits 28 km straight-line from the Melbourne CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Keysborough?

The most recent census recorded a median weekly rent of $421 in Keysborough, equating to approximately $21,892/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Keysborough?

The median monthly mortgage repayment in Keysborough is $2,167, or approximately $26,004/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Keysborough cash-flow positive for investors?

A median weekly rent of $421 works out to $1,824/month, covering 84% of the median mortgage repayment of $2,167/month. That leaves a $343/month shortfall (around $4,116/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Keysborough?

The main risks are interest-rate sensitivity on the $2,167 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Keysborough profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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Victoria Property Resources