Over the last year, property investments in Deer Park, 3023 have given investors a capital gain of 10.53%. This compares favourably with the 7.80% for VIC as a whole.
While Deer Park,3023 ranked number 270th in VIC for increase in median house value (annualised) increase, it is ranked 393th over the last 5 years.
At number 480th of VIC’s most discounted properties, Deer Park is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 780 in a list of fastest selling suburbs, Deer Park is in the TOP 30% of suburbs in Australia with an average of days on market 55.52 for properties listed there.
If you compare the increase in value of investment property in Deer Park, 3023 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.39%.
Taking the average capital gain, or increase in median house value, Deer Park,3023 has racked up an average of 10.39% over the period. This ranks it number 842th in the whole country for real estate investors looking at median house price increases.
At number 208th of VIC’s most discounted properties, Deer Park is in the TOP 40% of the state/territory when listing in order of most discounted to least.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.59%, without taking into account capital value appreciation, which has been averaging out at 5.38%.