DEER PARK 3023
State: VICPosiProp AI Investment Summary
DEER PARK (VIC 3023) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 6.0%, with a median house buy price of $710,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$630,000
$700,000
$780,000
$710,500
Suburb Market Profile
Last month Deer Park had 61 properties available for rent and 60 properties for sale. Median property prices over the last year range from $710,500 for houses to $580,500 for units. If you are looking for an investment property, consider houses in Deer Park rent out for $500 PW with an annual rental yield of 3.9% and units rent for $470 PW with a rental yield of 4.8%. Deer Park has seen an annual compound growth rate of 6.0% for houses and 10.9% for units.
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