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 3.7% and has experienced a 12-month capital growth of Up 5.8%, with a median house buy price of $705,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$650,000
$690,000
$780,000
$705,500
Suburb Market Profile
Last month Deer Park had 41 properties available for rent and 41 properties for sale. Median property prices over the last year range from $705,500 for houses to $560,500 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 3.7% and units rent for $453 PW with a rental yield of 4.6%. Deer Park has seen an annual compound growth rate of 5.8% for houses and 9.9% for units.