Property value increases in Deer Park have tracked higher than the VIC average of 8.96% over the last 12 months.
Comparing Deer Park,3023 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Deer Park, 3023 is offering VIC ‘s 493th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
In the last year 257 properties changed hands in Deer Park, which puts it as the 83th most active market in VIC when comparing the number of sales per suburb.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 3.89%, without taking into account capital value appreciation, which has been averaging out at 7.97%.
Property investors who have had real estate in Deer Park, 3023 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.48%
A 18.75% growth in median value for property investors in Deer Park,3023 puts this suburb at number 92th in terms of best performing suburbs in VIC
At number 277th of VIC’s most discounted properties, Deer Park is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Deer Park have been waiting around 77.25 days to sell a property.
Deer Park, 3023’s gross rental yield is 4.52%