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Investment Property Deer Park, VIC, 3023

Suburb Snapshot

Deer Park is a suburb in the Brimbank Region of Victoria. Deer Park has a population of 18,125 people and 26.60% of its occupants live in rental accommodation. The median listing price for houses is $612,500 and this has changed 2.08% over the past year and changed 2.08% over 2 years.

The median rent in Deer Park for houses is $470 per week and the median rental yield is 3.99%. Stock on the market for houses/townhouses has changed -4.62% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $457,500 and this has changed 0.54% over the past year. The average unit takes 76 days to sell and the median rent for a unit in Deer Park is $370 per week, producing a rental yield of 4.20%.

Supply & Demand in Deer Park, Brimbank

0.70%

Current vacancy rate


48

Rental stock available


18,125

Population


26.60%

Rental population


0.65%

Current vacancy rate


502

Rental stock available


194,317

Population


23.53%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Deer Park, Brimbank

  House Townhouses Units
Median listing price $612,500 NA $457,500
Median price change - last quarter -1.21% NA 1.66%
Median price change - 1 year 2.08% NA 0.54%
Median price change - 2 years 2.08% NA -0.55%
  House Townhouses Units
Median weekly rent $470 $450 $370
Median yield % 3.99% NA 4.20%
Median rent change - 1 year 11.90% 9.75% -2.64%
  House Units
Previous month sales 21 1
Stock on market previous month 62 8
Stock variance vs. last year -4.62% 60.00%
Average days on market 70 76

Deer Park investment property listings

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