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.
VIC › Deer Park › Wakool Ave
$782,000
Last sold
23 Apr 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
697 m²
Land
287 m²
Building
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
Last sold
$782,000
23 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Deer Park (last 5 years) with land size have a median of $1,303/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
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
+8.5%
Median sale
Suburb $721,000
-0.27 pp
Gross yield
Suburb 3.46%
Suburb median $721,000 from 146 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 RealtyIn an era where blocks are getting smaller and homes are feeling tighter, 21 Wakool Avenue stands as a refreshing exception. Offering a rare combination of internal scale and external sprawling land, this property is a blue-chip opportunity for families, renovators, and developers alike.
Step Inside: Warmth and Grandeur
All three bedrooms showcase genuine wooden floorboards, offering a timeless, low-maintenance finish that brings warmth and character to the home.
The layout has been designed with "space" as the priority:
Sun-Drenched Living: Natural light fills the central living areas, creating a warm and inviting atmosphere.
Functional Design: A well-positioned central bathroom serves the home, while the floor plan allows for effortless movement between the quiet zones and the social heart of the house.
The Great Outdoors: 697m² of Pure Potential
The real "wow" factor reveals itself as you step outside. Set on a mammoth 697m² (approx.) block, the backyard is a private oasis with limitless potential.
The Entertainer: Imagine a massive deck, an outdoor kitchen, or even a pool (STCA).
The Developer: With a block this size and a wide frontage, the potential for future subdivision or a multi-unit development (STCA) is undeniable.
The Hobbyist: The double-car accommodation provides secure housing for your vehicles, with a backyard large enough for a massive workshop or additional shed storage.
A Location That Ticks Every Box
Nestled in a quiet, established pocket of Deer Park, convenience is at your doorstep. You are minutes away from the Deer Park Railway Station, providing a fast commute to the CBD, and a stone's throw from local favorites like the Brimbank Shopping Centre, reputable primary and secondary schools, and easy freeway access via the Western Ring Road.
Property Highlights:
Land Size: 697m² (approx.)-The biggest selling point in the street!
Flooring: Gorgeous wooden floorboards throughout.
Room Sizes: Exceptionally spacious bedrooms and living zones.
Parking: Secure 2-car accommodation with a long driveway.
This is more than just a house; it's a long-term investment in land and lifestyle. Inspection is a must to truly appreciate the scale on offer.
Contact us today to book your viewing!
PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS. WE HAVE THE RIGHT TO REFUSE ENTRY SHOULD A PHOTOID 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.