If you compare the increase in value of investment property in Deer Park, 3023 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.91%.
If we look at median property appreciation over just the last three months, Deer Park has given property investors a paper return of 3.93%. This puts Suburb as 224 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Deer Park is giving property investors an average Vendor Discount of around -3.47%. This puts suburb at number 529th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Deer Park the average time real estate has been on the market is 41.73 days.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Investment property in Deer Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.03%
A 20.00% growth in median value for property investors in Deer Park,3023 puts this suburb at number 82th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -2.88% to buyers in Deer Park at the moment, which is less than average for the rest of VIC.
Deer Park, 3023’s gross rental yield is 4.64%