47 Station RoadDeer Park VIC 3023
Property Details for 47 Station Rd, Deer Park
Last Listing description (April 2025)
Residential Growth Zone 1
766sqm approx allotment 16.9m frontage x 46m depth
Total redevelopment, multiple dwellings HIGH GROWTH ZONE ( STCA )
Land bank, fantastic tenant that has been there long term and would love to stay on
Walking distance to Deer Park train station and vibrant Ballarat Road shopping precinct
With the building and rental crisis only going to get worse ( supply will not keep up with demand for many years ) and interest rates entering their cutting cycle very soon, all savvy and experienced buyers know right now is a fantastic time to enter the market especially for something like this one with real development potential.
Property History for 47 Station Rd, Deer Park, VIC 3023
- 06 Sep 2024Sold for $650,000
- 09 May 2024Listed for Sale Another One Sold By Team Nick & Steve
- 03 Aug 2023Transferred
Recent sales nearby
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0About 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 7,679 properties. Over the last 5 years, Houses in Deer Park have seen a 19.08% increase in median value, while Units have seen a 17.70% increase. As at 31 March 2026:
- The median value for Houses in Deer Park is $726,260 while the median value for Units is $564,258.
- Houses have a median rent of $500 while Units have a median rent of $470.
Suburb Insights for Deer Park 3023
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