Deer Park — Units

NEUTRAL
VIC 3023 Unit Rank #105 of 206 in Melbourne ↓3
$575K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
62 buyers/listing
Strong
LIQUIDITY
32d DOM
Neutral
AFFORDABILITY
13.2% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.7%
Strong
SUPPLY PRESSURE
1.1% vacancy
Strong
#105/206 Average Structure 49 Monitor $575K

Atlaso rates Deer Park units as HOLD. Average growth outlook. Vacancy remains tight at 1.09%, but conviction is not high enough for a BUY rating. Better units options may be available in Melbourne.

At $575K, Deer Park ranks #105 of 206 units in Melbourne. The long-term structural outlook is Average. Prices grew 16.4% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Deer Park Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+0.5%
Asking Prices (3mo)
+0.3%
Rents (12mo)
1.1%
Vacancy
46%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$535K

Unit Weekly Rents (12 months)

$508/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3023.

Momentum Health

Monitor

43% stall probability

Deer Park is growing at 16.4% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.

STALL RISK 43%

Suburb Profile

Deer Park at a Glance

SEIFA Index
5/10
Average
Household Income
$1,905/wk
Median household
Median Age
35
Years
Mortgage Stress
23%
of income
Population Growth
+5.4%
vs state +2.2%
Ownership Mix
13.3% owned 58.9% mortgage 24.1% renting

Demographic Trends

Deer Park Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Deer Park Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Deer Park a good suburb to invest in?
Atlaso rates Deer Park as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Deer Park and 46 Australian cities to generate this rating.
What is the median house price in Deer Park?
The current median house price in Deer Park, vic is $575K, with annual growth of +5.5%. Properties sell in approximately 32 days.
How fast do properties sell in Deer Park?
Properties in Deer Park sell in 32 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Deer Park?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Deer Park's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Deer Park?
The gross rental yield for houses in Deer Park is 4.7%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).