Deer Park at a glance
18,532
People
$721,000
Median sale
$480/wk
Median rent
3.46%
Suburb gross yield
Median sale from 146 recorded sales (last 12 months) — a Districts calculation.
$1,050,000–$1,150,000
For sale
Asking range
5
Bedrooms
1
Bathrooms
9
Car spaces
1,015 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,050,000–$1,150,000
Asking range · $1,034/m² of land
No recorded sale for this property.
Deer Park at a glance
18,532
People
$721,000
Median sale
$480/wk
Median rent
3.46%
Suburb gross yield
Median sale from 146 recorded sales (last 12 months) — a Districts calculation.
Vs Deer Park
+45.6%
Median sale
Suburb $721,000
-1.08 pp
Gross yield
Suburb 3.46%
Suburb median $721,000 from 146 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$64,011 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Deer Park's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Deer Park at a glance
18,532
People
$721,000
Median sale
$480/wk
Median rent
3.46%
Suburb gross yield
Median sale from 146 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White West RealtyPositioned on an incredibly rare, flat 1,015 m² (approx.) block, 1 Wood Street represents one of the most versatile and exciting real estate opportunities on the Deer Park market today. Offering immense appeal to growing families, astute investors, and visionary developers alike, a landholding of this scale in such a central location is a true commodity.
The existing family residence is solid, spacious, and perfectly configured for comfortable living or immediate rental income while you plan for the future. Boasting five well-sized bedrooms, one pristine bathroom, and a secure double garage, the home provides a fantastic foundation.
The Potential
For the Growing Family: Say goodbye to cramped suburban living. This massive backyard is a blank canvas for an outdoor entertainment oasis, a swimming pool, a massive workshop/shed, or simply an expansive, secure playground for kids and pets.
For the Developer/Investor: With over 1,015 m² of prime residential land, the site offers exceptional potential for a multi-unit development project or luxury subdivision (Subject to Council Approval - STCA).
Premium Features Include:
Massive 1,015 m² (approx.) block with an expansive frontage.
Five generous bedrooms, including a master suite with a private ensuite.
Two distinct, light-filled living areas perfect for family zoning.
Central kitchen equipped with ample storage and bench space.
Secure 2-car garage with additional off-street parking for trailers, boats, or caravans.
The Location
Perfectly situated in a highly sought-after pocket of Deer Park, convenience is right on your doorstep:
Education: Zoned for the popular Deer Park West Primary School and Victoria University Secondary College.
Shopping & Dining: Just minutes to Brimbank Shopping Centre and local dining precincts.
Transport: Easy access to the Western Ring Road, local bus routes, and Deer Park Train Station for a seamless commute to the Melbourne CBD.
Opportunities to secure over 1,015 m² in this thriving suburb are vanishingly rare. Whether you choose to move straight in, land-bank for the future, or redevelop and reap the rewards, this property is an absolute must-see.
*PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS. WE HAVE THE RIGHT TO REFUSE ENTRY SHOULD A PHOTO ID NOT BE PROVIDED* - Refer to our privacy statement for more information.
We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
No entity or person guarantees the performance of the property. The information is general information only and any examples given are for illustrative purposes. The information does not take into account your individual objectives, financial situation or needs. We recommend that you obtain financial, legal and taxation advice before making any decision. Any price is not a valuation and should not be relied on or treated as such. Prices, if indicated, have been estimated based on recent market evidence in the locality for comparable properties, to the extent available. Prices may not include GST.
Listing description written by Darren Lambert, Ray White West Realty — reproduced as published, not verified by Districts.