

4 Meteor Rise, Kealba, Vic 3021
Auction - $890,000 - $950,000
4 2 2
Open Saturday 6 June 1:30 pm Auction Saturday 4 July 10:30 amKealba was primarily developed in the 1970s as a residential extension of the Keilor area. It was designed to provide spacious family housing during Melbourne's western suburban expansion.
Today, it is a quiet, multicultural pocket characterized by wide streets, 1970s brick veneers, and proximity to the Maribyrnong River trails.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Kealba serves as a strategic 'bridge' suburb. It offers the lifestyle benefits of the Keilor valley at a price point accessible to first and second home buyers who are priced out of the inner-west.
$750k – $920k
$480k – $590k
12-month movement
Current asking rents
Prices have shown resilience due to the scarcity of stock and the suburb's appeal as a value-alternative to the more expensive northern and eastern corridors.
Price comparison
Median price รท median income
Estimated rental yield
Kealba remains highly affordable for middle-income families, though the gap is closing as buyers migrate from more expensive inner-western suburbs.
Lower = tighter market
Avg time on market
Annual rental increase
Young families and essential workers seeking proximity to the M80 and Sunshine employment hubs.
Strong rental yields and low vacancy rates make it a safe 'buy and hold' location, though capital growth is typically moderate rather than explosive.
Expect steady capital appreciation as the 'middle-ring' of Melbourne continues to densify. Kealba's large lots will become increasingly valuable for developers.
vs last 12 months
Relative comparison
Check specific street lighting and proximity to the Kealba Hotel area for localized nighttime activity.
The primary risks are environmental and regulatory, specifically related to aviation noise and soil stability.
Low risk for most residential areas; some LSIO overlays exist near the Maribyrnong River escarpment.
Low risk, though the river valley grasslands require seasonal monitoring.
Standard premiums apply, though some insurers may query the Airport Environs Overlay.
Airport Environs Overlay (AEO2), Land Subject to Inundation Overlay (LSIO) in valley areas.
Corner allotments and blocks exceeding 700sqm are being targeted for dual-occupancy.
The AEO2 overlay may restrict certain types of development or require specific acoustic treatments in new builds.
Dependent on bus routes 421 and 425 connecting to St Albans and Watergardens.
Proximate to Keilor Downs Shopping Centre and Brimbank Wellness Centre.
Excellent access to the Maribyrnong River trail and Joe Palermo Reserve.
Primary options include St Paul's Primary; secondary students typically commute to Keilor Downs College.
Close proximity to Sunshine Hospital (approx. 10-15 mins drive).
A diverse, established community with a strong presence of European and Southeast Asian heritage.
The high owner-occupancy rate contributes to well-maintained properties and a stable social fabric.
Focus is on transport infrastructure and the gradual redevelopment of older housing stock.
Residents value the suburb for its peace and quiet, often describing it as a 'hidden gem' that feels safer and more spacious than neighboring St Albans.
We've raised our kids here and love the access to the river trails; it's much quieter than people think.
I couldn't afford Keilor East, but Kealba gave me a bigger block for less money and I'm only 5 minutes away.
The drive to the city is easy via the M80, but if the freeway is blocked, you're stuck as there's no train station.
The planes can be loud on certain days, but you honestly get used to it after a few months.
I've never had a vacancy longer than a week; there are always families looking for three-bedroom homes here.
It's a bit of a 'food desert'—you have to drive to St Albans or Keilor for a decent coffee or groceries.
Position the property as a 'strategic family hold'—emphasizing the rare combination of land size, river proximity, and proximity to the CBD compared to outer-fringe suburbs.
High-yield play with low vacancy risk in a tightening rental market.
Moderate capital growth compared to inner-city suburbs and potential noise complaints from tenants.
Large backyards and quiet streets compared to St Albans.
Lack of shops within walking distance; a car is almost essential.
Standard Victorian residential tenancies act requirements apply; no specific local council rental levies.
The 'Affordable Keilor' angle and 'Gateway to the Maribyrnong River'.
Young families, multi-generational households, and value-seeking developers.
This report is based on data available as of March 31, 2026. It is intended for informational purposes only and does not constitute financial or investment advice. Buyers should conduct their own independent research and seek professional legal and building advice before entering into any property contract.
Now
Before

Auction - $890,000 - $950,000
4 2 2
Open Saturday 6 June 1:30 pm Auction Saturday 4 July 10:30 am

$580,000 - $610,000
2 1 2
Open Saturday 6 June 11:00 am Auction Wednesday 24 June 6:00 pm

Auction $750,000 - $795,000
4 2 3
Open Thursday 4 June 5:00 pm Auction Saturday 20 June 11:00 am

$680,000 - $748,000
3 1 7
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