AAA May 2013 | Page 10

Our town

6

2 Pebble Court Keilor East, 3033

In Keilor East the average price of a house is at the $819,500 mark, with the newer houses obviously more expensive than the older homes in the area. For a new house in the area you pay around the $800,500- $1,000,000. The older houses tend to be cheaper at around $600,000- $800,000. Most of the houses in this area have between 3 to 4 bedrooms with 2 bathrooms and 1-2 garage spaces, it is very rare but possible to see a 5 roomed house, but these houses are generally older. At the moment in Keilor East there is a mixture of old and new houses. There are many, many new houses being built in new estates such as the Valley Lake and these houses are modern and a lot of them are townhouses with 2-4 bedrooms. The older houses in Keilor East are quite old looking and most are made with dark coloured bricks. The older houses are generally a bit smaller with a single story, but this is not always the case as there are many double story houses in this area.

Keilor East is most popular for people between 35-50 and 65-69 years old. This is reflected in the types of houses that are being built now and also the houses that are already there. There are smaller houses and townhouses to accommodate for the older people as they generally have no children and therefore there is no need to have a big house with lots of room and more space to clean. There are also great sized family homes perfect for people with children, most of these large houses have large backyards, family areas and kitchens and some of the more expensive ones have pools. This area is also popular for families with children due to there being catering for the family with doctors and surgeries close by as well as reserves and lakes and shopping centres close by as well. This area is very much populated with married people and singles with 57% of the population being married with or without kids. I can understand why they would want to live in a beautiful suburb like Keilor East.