4 Hogan Street, Deer Park, VIC 3023 | BlockOfUnits for sale | OnTheHouse
FOR SALE
$1,759,680

4 Hogan Street
Deer Park VIC 3023

Bedrooms: 9
Bathrooms: 9
Car spaces: 2
Land area: 604m2
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Premium Off-the-Plan NewGen Rooming House – High Yield + Long-Term Growth

An exclusive opportunity to secure a brand-new, soon-to-be-constructed, purpose-built, fully licensed Class 1B Rooming House in the sought-after Quinn Estate, Deer Park.
Due for completion in approximately 9 months, you can lock in today's price and potentially enjoy upside before settlement. This architecturally designed investment combines strong cash flow, professional management, and long-term growth in one of Melbourne’s most rapidly developing corridors.
Investment Highlights
9 self-contained studios – including 3 with full kitchens
10% anticipated rental return – approx. $176,680 p.a.*
Turnkey investment – professionally managed and fully compliant
604 m² GRZ1 site – flat, rectangular block in the premium Quinn Estate
Contemporary design with stone benchtops, stainless steel appliances, hybrid flooring & landscaped gardens
Walk to schools, shops & public transport approximately 1 km to Deer Park Station
First-mover advantage: no modern NewGen Rooming Houses are currently registered in Deer Park with CAV.
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Property Details for 4 Hogan St, Deer Park

4 Hogan St, Deer Park is a 9 bedroom, 9 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 604m2. The place is currently for sale with Scott Banks.

Building Type
BlockOfUnits
Land Size
604m2
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About Deer Park 3023

The size of Deer Park is approximately 8.6 square kilometres. It has 30 parks covering nearly 9.8% of total area. The population of Deer Park in 2016 was 18126 people. By 2021 the population was 18145 showing a population growth of 0.1% in the area during that time. The predominant age group in Deer Park is 30-39 years. Households in Deer Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deer Park work in a professional occupation.In 2021, 66.50% of the homes in Deer Park were owner-occupied compared with 66.30% in 2016.

Deer Park has 7,659 properties. Over the last 5 years, Houses in Deer Park have seen a 25.28% increase in median value, while Units have seen a 21.58% increase. As at 30 November 2025:

  • The median value for Houses in Deer Park is $722,961 while the median value for Units is $549,497.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 26 properties listed for sale, and 19 properties listed for rent in Deer park on OnTheHouse. According to Cotality's data, 297 properties were sold in the past 12 months in Deer park.

Suburb Insights for Deer Park 3023

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Scott Banks
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.