How Much is My Home Worth in Deer Park?
The median price for a house in Deer Park is $550,000 as of October 14, 2019. A median-priced unit is $459,000. There have been 192 houses and 17 units sold this year. The average annual capital growth for houses is 7.20% and units is 6.14%. The 12-month capital growth is -3.48% on houses and 4.32% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as above average. This is a good market for investors. Vendors are usually getting their asking price. Sometimes buyers can get lower than the sale price. As an investment expect the capital growth to trend ahead of the national average. It takes on average 61 days to sell a house and 67 days to sell a unit.
House prices and rent returns in Deer Park.
- 2 bedroom home $495,000 Rent per week $340
- 3 bedroom home $542,000 Rent per week $370
- 4 bedroom home $585,000 Rent per week $420
Unit prices and rent returns in Deer Park.
- 2 bedroom unit No Data Rent per week $350
- 3 bedroom unit v Rent per week $350
The gross rental yield for houses is 3.56% and for units, it is 4.08% in Deer Park
Free Real Estate Appraisal Deer Park
Selling your house in Deer Park? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Deer Park
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3650 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Melbourne to Deer Park Cycling
Lifestyle in Deer Park
Deer Park is located 17 kilometres west of the Melbourne Central Business District. There is the Deer Park Train Station that runs to Melbourne. At the last Census in 2016 there were 18,126 recorded residents. The Kororoit Creek also passes through the suburb. Neighbouring suburbs include Derrimut, Cairnlea and Ardeer. The Brimbank Shooping Centre caters to hundreds of stores including Austalia Post, ANZ, Aldi and 2 medical centres.
Schools in Deer Park
There are 4 schools in Deer Park.
- Deer Park North Primary School Co-educational
- Deer Park West Primary School Co-educational
- Victoria University Secondary College Co-educational Year 7 – 12
- St Peter Chanel School Co-educational