Market snapshot
Suburb insights for Deer Park3023
Change suburbDeer Park is located 17 km west of the CBD. Deer Park is a multicultural community located in Melbourne's outer west. Its land uses are diverse with residential areas in the west industrial areas in the south-east and large amounts of open space (formerly defence land) in the north. The open space is expected to change with the development of the new Cairnlea residential estate. The Kororoit Creek traverses the suburb complimenting an adjacent park system. Deer Park also features the Brimbank Central Shopping Centre.
Recent sales and auction results in Deer Park
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 20 Bird St, Deer park | 3 |  | House (Res) | Auction Sale | 20/12/2024 | Obrien Deer Park | View |
Sales data
Median sale price
$668k
Quarterly price change
-1.1%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Deer Park | Metro comparison |
|---|---|---|
| 2 | $455,500 | $902,000 |
| 3 | $620,500 | $807,500 |
| 4 | $706,500 | $950,000 |
| Insight | Deer Park | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 38 | 42 |
Rental data
Median weekly rent
$465
Rental yield
3.7%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Deer Park | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $450 | $550 |
| 4 | $520 | $595 |
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