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

The population of the Keilor Park statistical area (Lv2) is estimated to be around 2,844 as of November 2025. This reflects an increase of 160 people since the 2021 Census, which reported a population of 2,684. The change is inferred from AreaSearch's resident population estimate following examination of the latest ERP data release by the ABS in June 2024 and validation of additional 12 new addresses since the Census date. This level of population equates to a density ratio of 849 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. The Keilor Park (SA2) has shown competitive growth fundamentals, with its 6.0% growth since census being within 1.3 percentage points of the SA3 area's 7.3%. Population growth for the area was primarily driven by overseas migration contributing approximately 87.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Anticipating future population dynamics, the Keilor Park (SA2) is expected to grow by 193 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 3.3% in total over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Keilor Park, placing the area among the bottom 25% of areas assessed nationally

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Keilor Park has experienced around 21 dwellings receiving development approval annually. Over the past five financial years, from FY-21 to FY-25, approximately 108 homes were approved, with a further 10 approved in FY-26 so far. Despite population decline, development activity has been adequate relative to other areas, which is positive for buyers.

New homes are being built at an average expected construction cost of $778,000, indicating a focus on the premium segment and upmarket properties. In the current financial year, $24.7 million in commercial development approvals have been recorded, showing moderate levels of commercial development. Compared to Greater Melbourne, Keilor Park has moderately higher new home approvals, with 14.0% above the regional average per person over the five-year period. This preserves reasonable buyer options while sustaining existing property demand.

However, building activity has slowed in recent years. The majority of new building activity consists of detached houses (71.0%) and townhouses or apartments (29.0%), maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. This marks a significant departure from existing housing patterns, which are currently 88.0% houses, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. The estimated count of 363 people in the area per dwelling approval reflects its quiet, low activity development environment. Future projections show Keilor Park adding 95 residents by 2041, based on the latest AreaSearch quarterly estimate. Based on current development patterns, new housing supply should readily meet demand, offering good 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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified four projects likely to impact this region: Oaklands Green, Keilor East Railway Station, Melbourne Airport Rail, and Keilor East Station - Melbourne Airport Rail. Below is a list of these key projects, which are expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Keilor Park has seen below average employment performance when compared to national benchmarks

Keilor Park has a skilled workforce with notable representation in the construction sector. Its unemployment rate was 3.5% as of an unspecified past year.

Employment growth over that year was estimated at 1.6%. As of September 2025, 1,360 residents are employed, with an unemployment rate of 1.1%, below Greater Melbourne's rate of 4.7%. Workforce participation in Keilor Park is 55.3%, compared to Greater Melbourne's 64.1%. Key industries for employment among residents are construction, retail trade, and health care & social assistance.

Construction employs 1.5 times more residents than the regional level, while health care & social assistance employs 10.3% of local workers, below Greater Melbourne's 14.2%. There are 2.1 workers per resident in Keilor Park, indicating it functions as an employment hub attracting workers from surrounding areas. Between September 2024 and September 2025, employment levels increased by 1.6% and labour force increased by 1.4%, leading to a decrease in unemployment rate of 0.3 percentage points. In contrast, Greater Melbourne saw employment rise by 3.0%, labour force grow by 3.3%, and unemployment increase by 0.3 percentage points. State-level data from 25-Nov shows Victoria's employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National employment forecasts from May-25 indicate national employment will expand by 6.6% over five years and 13.7% over ten years. 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, though this is a simple extrapolation for illustrative purposes.

Income levels sit below national averages according to AreaSearch assessment

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ended 30 June 2023, Keilor Park had a median income among taxpayers of $50,035. The average income stood at $66,066 in this period. This is below the national average and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% from financial year ended 30 June 2023 to September 2025, current estimates would be approximately $54,163 (median) and $71,516 (average). Census data reveals household, family and personal incomes in Keilor Park rank modestly, between the 18th and 33rd percentiles. Distribution data shows that 30.1% of individuals earn between $1,500 - 2,999, which is consistent with broader trends across the region showing 32.8% in the same category. After housing expenses, 86.3% of income remains for other expenses. The area's SEIFA income ranking places it in the 4th decile.

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

Keilor Park's dwelling structure, as per the latest Census, consisted of 88.4% houses and 11.6% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts 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 dwellings at 16.9%. The median monthly mortgage repayment was $1,801, lower than Melbourne metro's $2,167. Median weekly rent in Keilor Park was $392, compared to Melbourne metro's $410. Nationally, Keilor Park's mortgage repayments were below the Australian average of $1,863, while rents exceeded the national figure of $375.

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

Family households comprise 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 account for the remaining 23.5%, with lone person households at 22.3% and group households making up 1.4%. The median household size is 2.6 people, which aligns with 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 prevalent, with 35.2% of residents aged 15+ holding them, including advanced diplomas (11.3%) and certificates (23.9%). Educational participation is high, with 25.3% of residents currently enrolled in formal education, including 10.1% in primary, 7.1% in secondary, and 2.6% in tertiary education.

Educational participation is notably high, with 25.3% of residents currently enrolled in formal education. This includes 10.1% in primary education, 7.1% in secondary education, and 2.6% pursuing tertiary education.

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

Transport analysis indicates 13 active transport stops within Keilor Park, offering a mix of bus services. These stops are served by two distinct routes, collectively facilitating 1,874 weekly passenger trips. Transport accessibility is rated excellent, with residents typically situated 175 meters from the nearest stop.

Service frequency averages 267 trips daily across all routes, equating to approximately 144 weekly trips per individual stop.

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 with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is approximately 53% of the total population (~1,506 people), compared to 59.4% across Greater Melbourne.

The most common medical conditions are arthritis (affecting 9.4% of residents) and asthma (7.2%), while 66.6% of residents declare themselves completely clear of medical ailments, compared to 70.1% in Greater Melbourne. Keilor Park has 27.9% of residents aged 65 and over (793 people), higher than the 21.9% in Greater Melbourne. Health outcomes among seniors present 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's population showed high cultural diversity, with 31.0% born overseas and 33.6% speaking a language other than English at home. Christianity was the predominant religion in Keilor Park, accounting for 72.4%, compared to 66.4% across Greater Melbourne. The top three ancestry groups were Italian (25.0%), Australian (16.9%), and English (15.8%).

Notably, Maltese (3.5%) was higher than the regional average of 2.8%. Greek (6.2%) and Macedonian (1.5%) also had higher representations compared to their respective regional averages of 5.0% and 1.2%.

Keilor Park hosts a notably older demographic compared to the national average

Keilor Park has a median age of 44, which is higher than Greater Melbourne's figure of 37 and significantly exceeds the national norm of 38. The 75-84 age group makes up 12.4% of Keilor Park's population, compared to Greater Melbourne's percentage and well above the national average of 6%. Following the 2021 Census, this age group has increased from 10.5% to 12.4%, while the 25-34 cohort has decreased from 11.1% to 10.0%. Demographic projections indicate significant changes in Keilor Park's age profile by 2041. The 85+ group is expected to grow by 109%, reaching 202 people from the current figure of 96. The population aged 65 and above is projected to comprise 81% of this growth, while the 15-24 and 35-44 age groups are anticipated to experience population declines.