Keilor Park

Keilor Park is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of Nov 2025, Keilor Park's population is estimated at around 2,770. This reflects an increase of 86 people since the 2021 Census, which reported a population of 2,684. The change was inferred from AreaSearch's resident population estimate of 2,764 following examination of ABS ERP data release in June 2024 and additional validated new addresses since the Census date. This level of population equates to a density ratio of 826 persons per square kilometer. Keilor Park's growth rate of 3.2% since the census positions it within 1.3 percentage points of the SA3 area (4.5%). Population growth was primarily driven by overseas migration, contributing approximately 87.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on aggregated SA2-level projections, Keilor Park is expected to grow by 193 persons to 2041, reflecting an increase of 6.1% in total over the 17 years.

Residential development activity is lower than average in Keilor Park according to AreaSearch's national comparison of local real estate markets

Keilor Park has seen approximately 21 dwelling approvals annually based on AreaSearch analysis of ABS building approval data. Between FY-21 and FY-25, around 107 homes were approved, with another 10 approved in FY-26 up to now. Despite population decline, this level of development activity has been adequate relative to other areas.

The average expected construction cost value for new homes is $778,000, indicating a focus on premium properties. This financial year, $44.5 million in commercial development approvals have been recorded. Compared to Greater Melbourne, Keilor Park shows moderately higher new home approvals per person over the past five years. The area has seen 69% detached houses and 31% townhouses or apartments approved recently, marking a shift from the current 88% houses.

This change suggests decreasing developable land availability and responds to evolving housing preferences and affordability needs. Keilor Park reflects low density with around 170 people per approval. Future projections estimate an addition of 169 residents by 2041. Current development patterns suggest new housing supply will meet demand, offering favorable conditions for buyers and potentially facilitating population growth beyond current projections.

Keilor Park has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Area infrastructure changes significantly influence local performance. AreaSearch identified four major projects likely impacting the region. Notable projects are Oaklands Green, Keilor East Railway Station, Keilor East Station - Melbourne Airport Rail, and Sharps Rd, Tullamarine.

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Employment conditions in Keilor Park remain below the national average according to AreaSearch analysis

Keilor Park has a skilled workforce with notable representation in the construction sector. Its unemployment rate was 3.7% as of an unspecified past year.

Employment growth over this period was estimated at 4.1%. As of June 2025, 1,392 residents are employed, with an unemployment rate of 1.0% below Greater Melbourne's rate of 4.6%. Workforce participation in Keilor Park is lower at 55.3%, compared to Greater Melbourne's 64.1%. Employment is concentrated in construction, retail trade, and health care & social assistance.

The area has a strong specialization in construction with an employment share 1.5 times the regional level. Conversely, health care & social assistance shows lower representation at 10.3% compared to the regional average of 14.2%. There are 2.1 workers for every resident, indicating Keilor Park functions as an employment hub hosting more jobs than residents and attracting workers from surrounding areas. Between June 2024 and June 2025, employment increased by 4.1% while labour force increased by 4.3%, resulting in a slight rise in unemployment of 0.2 percentage points. In comparison, Greater Melbourne recorded employment growth of 3.5%, labour force growth of 4.0%, with unemployment rising 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Keilor Park. These projections estimate national employment to expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these projections to Keilor Park's employment mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch reports median taxpayer income in Keilor Park was $50,035 and average income was $66,066 in the financial year 2022. Nationally, median income was $54,892 and average was $73,761. By September 2025, estimates suggest median income will be approximately $56,119 and average income $74,100, based on a 12.16% Wage Price Index growth since financial year 2022. According to the 2021 Census, incomes in Keilor Park rank modestly, between the 18th and 33rd percentiles for households, families, and individuals. Income distribution shows that 30.1% of locals (833 people) fall within the $1,500 - 2,999 category, similar to regional trends at 32.8%. After housing costs, 86.3% of income remains for other expenses. The area's SEIFA income ranking places it in the 5th decile.

Keilor Park is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Keilor Park's dwelling structures, as per the latest Census, consisted of 88.4% houses and 11.6% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 75.8% houses and 24.2% other dwellings. Home ownership in Keilor Park stood at 50.6%, with mortgaged dwellings at 32.5% and rented ones at 16.9%. The median monthly mortgage repayment was $1,801, lower than Melbourne metro's $2,167, while the median weekly rent was $392, compared to Melbourne metro's $410. Nationally, Keilor Park's mortgage repayments were below the Australian average of $1,863, and rents exceeded the national figure of $375.

Keilor Park has a typical household mix, with a fairly typical median household size

Family households account for 76.5% of all households, including 33.7% couples with children, 27.2% couples without children, and 13.3% single parent families. Non-family households make up the remaining 23.5%, with lone person households at 22.3% and group households comprising 1.4% of the total. The median household size is 2.6 people, which matches the Greater Melbourne average.

The educational profile of Keilor Park exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 17.6%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 12.8%, followed by postgraduate qualifications (3.4%) and graduate diplomas (1.4%). Vocational credentials are held by 35.2% of residents aged 15 and above, with advanced diplomas at 11.3% and certificates at 23.9%. Current educational participation is high at 25.3%, including 10.1% in primary education, 7.1% in secondary education, and 2.6% pursuing tertiary education.

Educational facilities seem to lie outside the immediate catchment area, requiring families to access schools in neighboring regions.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Keilor Park has 13 active public transport stops, all of which are bus stops. These stops are served by two different routes, together offering 2,993 weekly passenger trips. The accessibility to these stops is rated excellent, with residents being an average of 174 meters away from the nearest stop.

On average, there are 427 trips per day across all routes, which means each stop gets around 230 weekly trips.

Health performance in Keilor Park is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Keilor Park faces significant health challenges. Common health conditions are somewhat prevalent across both younger and older age cohorts.

The rate of private health cover is approximately 53% of the total population (~1,466 people), leading that of the average SA2 area but lower than Greater Melbourne's 58.6%. The most common medical conditions are arthritis and asthma, impacting 9.4 and 7.2% of residents respectively. 66.6% of residents declared themselves completely clear of medical ailments, compared to 70.1% across Greater Melbourne. As of the latest data (2016), 27.9% of Keilor Park's residents are aged 65 and over (772 people), higher than Greater Melbourne's 21.9%. Health outcomes among seniors present some challenges, broadly in line with the general population's health profile.

Keilor Park was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Keilor Park has a higher cultural diversity than most local markets, with 31.0% of its population born overseas and 33.6% speaking a language other than English at home. Christianity is the predominant religion in Keilor Park, comprising 72.4% of people, compared to 66.4% across Greater Melbourne. The top three ancestry groups are Italian (25.0%), Australian (16.9%), and English (15.8%).

Notably, Maltese (3.5%) is overrepresented in Keilor Park compared to the regional average of 2.8%. Similarly, Greek (6.2%) and Macedonian (1.5%) groups are also more prevalent than their respective regional averages of 5.0% and 1.2%.

Keilor Park hosts an older demographic, ranking in the top quartile nationwide

Keilor Park has a median age of 44, which surpasses Greater Melbourne's figure of 37 and is significantly higher than the national average of 38. The 75-84 age group constitutes 12.4% of Keilor Park's population, notably higher than Greater Melbourne's percentage and substantially above the national figure of 6%. Conversely, the 25-34 cohort makes up only 10% of Keilor Park's population. According to the 2021 Census data, the 75-84 age group has increased from 10.5% to 12.4%, while the 25-34 cohort has decreased from 11.1% to 10%. By 2041, demographic projections indicate significant changes in Keilor Park's age profile. The 85+ group is expected to grow by 114%, reaching a total of 202 people from the current figure of 94. This growth will be driven primarily by an aging population dynamic, with those aged 65 and above accounting for 77% of projected growth. Meanwhile, the 35-44 and 15-24 age groups are anticipated to experience population declines.