Market snapshot

Suburb insights for Deer Park3023

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Deer 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
18 Huddersfield Rd, Deer park3PriceHouse (Res)Sold Before Auction15/07/2024Harcourts Deer Park/CairnleaView
6/36A Robinson Rd, Deer park3PriceTownhouse (Res)Private Sale30/06/2024Barry Plant

Sales data

Median sale price
$676k
Quarterly price change
5.5%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsDeer ParkMetro comparison
2$475,000$902,500
3$623,500$810,000
4$726,500$955,000
InsightDeer ParkMetro comparison
Clearance rate66.7%73.8%
Days on market3342

Rental data

Median weekly rent
$450
Rental yield
3.6%
Metro Melbourne Comparison
$560
3.2%
BedroomsDeer ParkMetro comparison
2-$550
3$450$540
4$510$580
Median data for the current quarter
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