1/1 Railway Parade, Deer Park, VIC 3023 sold on 29 July 2025 | OnTheHouse
SOLD
Sold on 29 Jul 2025 for $620,000

1/1 Railway Parade
Deer Park VIC 3023

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 1/1 Railway Pde, Deer Park

1/1 Railway Pde, Deer Park is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Deer Park in the last 12 months.

Building Type
Unit
Local Government
Brimbank
Lot/Plan
1/PS907354

Last Listing description (May 2026)

Step into this beautifully presented, low-maintenance residence offering modern comfort, practical design, and an unbeatable location just moments from Deer Park Train Station.The ground floor features two well-sized bedrooms, serviced by a central bathroom and separate toilet, along with a double remote garage offering secure internal access for convenience and peace of mind.Upstairs, the light-filled open plan living and dining area seamlessly connects to a generous balcony-perfect for entertaining guests, weekend BBQs, or enjoying your morning coffee. The contemporary kitchen showcases stone benchtops, quality finishes, and ample natural light.The top floor is dedicated to spacious bedroom complemented by a sparkling central bathroom, creating excellent separation and privacy for family living.Additional Features: Downlights throughout Split-system air conditioning Remote control double garage Stone benchtops in all wet areas Oversized balcony for outdoor entertaining Double-glazed doors and windows for enhanced comfort & energy efficiencyPrime Location: Short walk to Deer Park Train Station - approx. 25 mins to Melbourne CBD Close to local schools, Derrimut Village, Deer Park shopping precinct Nearby golf courses, parklands, and everyday amenitiesSmart Investment / Owner Occupier Opportunity:Currently leased at $640 per week returning approx. 4.5% rental yield, making this an attractive opportunity for both investors and future owner occupiers alike.Motivated vendor - keen to sell.Contact us today to arrange your inspection or discuss this outstanding opportunity further.

Property History for 1/1 Railway Pde, Deer Park, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$620,000
29 Jul 2025
  • 15 May 2026
    Listed for Sale Contact Agents
  • 09 Apr 2026
    Listed for Sale Contact Agents
  • 29 Jul 2025
    Sold for $620,000
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About Deer Park 3023

The size of Deer Park is approximately 8.6 square kilometres. There are 30 parks, covering nearly 9.8% of the 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 7,670 properties. Over the last 5 years, Houses in Deer Park have seen a 18.02% increase in median value, while Units have seen a 18.61% increase. As at 30 April 2026:

  • The median value for Houses in Deer Park is $723,710 while the median value for Units is $557,583.
  • Houses have a median rent of $500 while Units have a median rent of $470.
There are currently 38 properties listed for sale, and 19 properties listed for rent in Deer park on OnTheHouse. According to Cotality's data, 296 properties were sold in the past 12 months in Deer park.

Suburb Insights for Deer Park 3023

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Cotality Copyright and Legal Disclaimers about Property Data
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.