Keilor Village Emerges as the Suburb with the Highest Rental Yield for Investors

Keilor Village posted a gross rental yield of 5.9 percent in the June quarter, the highest recorded among local suburbs this year.

Investors have turned to established pockets like Keilor Village as global markets face ongoing volatility from conflicts in the Middle East and supply disruptions elsewhere. Local demand stays firm because families and workers tied to nearby industrial zones and transport links continue to seek housing without sharp price swings seen in newer estates.

Properties along Taylor Street and Arabin Street have driven much of the activity. The Keilor Village Shopping Centre on Old Calder Highway anchors daily foot traffic, while the Brimbank City Council’s housing incentive program launched in March 2026 offers rate rebates for owners who maintain long-term rentals. These factors keep vacancy rates low and support steady lease renewals.

Yield backed by recent sales and lease figures

CoreLogic records show the median unit price in Keilor Village reached $612,000 by the end of June, with two-bedroom units on Arabin Street leasing for $480 per week. That combination produced the 5.9 percent yield, ahead of neighbouring pockets where yields sat between 4.7 and 5.2 percent. Three properties on Taylor Street changed hands in May at prices between $595,000 and $645,000, each achieving full occupancy within 12 days of settlement.

Agents at the Keilor office of Ray White report that investors who purchased units near the Keilor Golf Club in late 2025 have already seen two rent reviews that lifted weekly returns by an average of $25. The pattern points to sustained pressure on supply rather than any sudden spike in asking prices.

Next steps for buyers checking local yields

Prospective buyers should review the latest vacancy data from the Brimbank City Council website before inspecting properties on streets such as Arabin or Taylor. Checking lease histories through local agents and confirming eligibility for the March 2026 rate-rebate scheme can help lock in the current yield levels. Early contact with the council’s planning desk also clarifies any upcoming infrastructure works that might affect future rental demand.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.