Property Valuation Deer Park | SKAD Real Estate

Property for Sale in Deer Park

Home Property For Sale Deer Park

Welcome to Deer Park

Located approximately 17 km west of Melbourne CBD within the City of Brimbank, Deer Park (VIC 3023) is a suburb balancing affordability with growth potential. Home to around 18,145 residents, it offers suburban calm alongside improving infrastructure and essential amenities 

 

At SKAD Real Estate, we specialise in Deer Park property listings—from entry-level family homes to investment-ready units. Our deep local insights and client-first approach make your property journey seamless and informed.

Why Invest or Buy in Deer Park?

Deer Park is gaining attention from both buyers and investors:

  • Affordable median prices: ~$665,000 for houses; ~$510,000 for units
  • Solid rental income: 4.03% yield for houses ($500/week), 4.73% for units ($450/week)
  • Healthy market activity: ~248 house sales in 12 months with average ~26 days on market
  • Predicted growth hotspot: Listed among Melbourne’s “supercharged” suburbs for 2025
  • Improving transport infrastructure: Deer Park station upgrades and logistics precinct developments underway

Deer Park Market Snapshot

Median Prices & Growth (Jul 2024–Jun 2025):

  • House median: $665,000, ~3.0% annual growth

  • Unit median: $510,000, ~2.5% annual growth

Rental & Yield Data:

  • Weekly rent: ~$500 (houses), ~$450 (units)

  • Yields: ~3.8% for houses; ~4.8% for units

  • Units and houses both average ~26 days on market

Sales Volume:

  • ~216 houses and ~52 units sold in past year

  • ~30 days median time to sell for both property types

Property Types Available

Houses

  • 2–4 bedroom brick & tile family homes

  • Ideal for first-home buyers and families

  • Large land parcels and value-for-money options

Units & Townhouses

  • Compact and modern designs

  • Good for investors and downsizers

  • Higher rental yield compared to houses

Vacant Land

  • Limited; mostly smaller infill blocks

  • Redevelopment opportunities near transit corridors

Lifestyle & Connectivity

  • Transport: Featherstone Road upgrades, Deer Park Station redevelopment, Western Ring Road access

  • Local Amenities: Parks, local shopping strips, schools, and sports facilities

  • Community: Predominantly professional families, home-owners, growing multicultural mix
  • Development Outlook: Proximity to logistics hubs and retail precincts boosting jobs & population growth

 

Who Should Consider Deer Park?

✅ First-Home Buyers & Families

  • Affordable entry into Melbourne’s west
  • Good sizing for renovation or rental conversion
  • Access to schools and community facilities

✅ Investors

  • Steady rental demand with yields ~4%
  • Fast sales turnover and manageable vacancy
  • Supported by infrastructure-led growth projections

✅ Renovators & Developers

  • Older dwellings on large 600–700 m² lots
  • Excellent scope for value add or subdivision
  • Catch-up potential as suburbs gentrify

FAQs

Houses: ~$665,000; Units: ~$510,000 (Jul 2024–Jun 2025 period) 

 4.0% for houses ($500/week), 4.8% for units ($450/week) 

Yes – flagged as a “supercharged” Melbourne suburb with infrastructure upgrades and strong sales trends

Why Buy with SKAD Real Estate?

  • 🔍 Local presence: Expert agents based in Melbourne’s west

  • Verified listings: No outdated data—only current, quality listings

  • 📊 Data-backed insights: Regular reports, rent projections, and comparable sales

  • 🛠️ Investor support: Loan guidance, grant support, legal, and settlement help

💼 First-time buyer focus: Step-by-step assistance from search to settlement

How to Buy in Deer Park: Step‑by‑Step

  1. Get finance pre-approval
  2. Decide on property type (house, unit, land)
  3. Shortlist listings & attend inspections
  4. Review sales comps and rental estimates
  5. Submit offers or attend auctions
  6. Conduct building/pest inspections
  7. Finalise contracts and prepare for settlement

Ready to Explore Deer Park Properties?

SKAD Real Estate is here to guide you—whether you’re planning to buy your first home or build a property portfolio.
📍 Visit us at Level 1, 7/12 Infinity Drive, Truganina VIC 3029
📞 Call 03 8322 0106
🌐 Browse listings: skadrealestate.com.au