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VIC › Deer Park › Hogan St

4 Hogan St, Deer Park VIC 3023

For saleBlock of Units for Sale

$1,778,400

For sale

Asking

9

Bedrooms

9

Bathrooms

2

Car spaces

604 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,778,400 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,778,400(Listing record · 29 Jan 2026)
  • FactLand 604 m²; no building size recorded.(Property record)
  • CalculationAsk is 147% above the Deer Park median recorded sale ($721,000, n=146, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Deer Park's advertised median rent ($480/wk), implied gross yield would be 1.40% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,778,400

Asking · $2,944/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.

See the full Deer Park report →

Vs Deer Park

+146.7%

Median sale

Suburb $721,000

-2.06 pp

Gross yield

Suburb 3.46%

Suburb median $721,000 from 146 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,778,400
Stamp Duty (Victoria)
$97,812
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,883,526

$105,126 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Deer Park's advertised median rent — not a rent for this listing.

Net yield
-0.10%
Annual cashflow (pre-tax)
$-94,193
Interest cover (DSCR)
-0.02
Annual rent
$24,960
Operating expenses
$26,676
Loan amount
$1,422,720
Annual interest
$92,477
Gross yield
1.40%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,778,400available29 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Deer Park in one glance

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.

See the full Deer Park report →

Keep researching

  • Why Deer Park? Read the area thesis →
  • What else is on the market in Deer Park →
  • Other records on Hogan St →

Listing material

Listed by Scott Banks Real Estate Group South Melbourne

SAVVIER 9 CASH FLOW $1,778,400 10% ROI $177,840

Premium Off-the-Plan SAVVIER 9 Suite Home – High 10% Yield + Long-Term Growth Potential

An exclusive opportunity to secure a brand-new, SAVVIER 9, soon-to-be-constructed, purpose-built by an experienced developer. The completed home will be a fully licensed and certified SAVVIER 9 Suite Home located in the sought-after Quinn Estate, Deer Park.

Due for completion in approximately 6 months, you can lock in today's price and potentially enjoy upside before settlement. This architecturally designed investment combines strong cash flow, professional management, and long-term growth in one of Melbourne’s most rapidly developing corridors.

Read the full description

Investment Highlights

9 self-contained studios – including 3 with full kitchens

10% anticipated rental return – approx. $178,840 p.a.*

Turnkey investment – professionally managed and fully compliant & certified

604 m² GRZ1 site – flat, rectangular block in the premium Quinn Estate

Contemporary design with stone benchtops, stainless steel appliances, hybrid flooring & landscaped gardens

Walk to schools, shops & public transport, approximately 1 km to Deer Park Station

First-mover advantage: no SAVVIER Suite Homes are currently registered in Deer Park with CAV.

Location

Deer Park sits just 17 km west of Melbourne’s CBD within the City of Brimbank – a suburb with a rich industrial heritage and a thriving modern community. Median house price ≈ $670,000, median rent $500 pw, vacancy rate 1.6% (source: realestate.com.au). Excellent transport links via train, bus & road networks, plus nearby Brimbank Shopping Centre and Bon Thomas Reserve.

Industry-Leading Collaboration

Designed by an award-winning architect, delivered by a proven developer, to be professionally managed by Scott Banks Real Estate Group – Melbourne’s leading SAVVIER Suite Homes management team, with Melbourne's largest SAVVIER Suite Home portfolio under management and at various stages of development, which has paid out millions of dollars in rent to established clients over the last decade.

Terms

10% deposit

Balance on completion

Completion: Approximately 6 months

A rare, high-yield investment opportunity in one of Melbourne’s most tightly held pockets.

Purpose-built, will be extremely well-managed, and has been designed for superior returns.

Opportunities like this don’t last. Enquire today for further details.

General Disclaimer

Images used in this advertisement are for illustrative purposes only and are taken from a previous successful collaboration between the same architect, developer, and managing agent. While the design, layout, and finishes for 4 Hogan Street, Deer Park, will be of a comparable standard, variations may occur. Final specifications, inclusions, and finishes will be as per the building contract and construction documentation.

All financial figures, rental estimates, and projected returns are based on current market conditions and information available at the time of publication. Market conditions, interest rates, and property values may change without notice, which could impact future performance. Scott Banks Real Estate Group and associated parties make no representation or warranty as to the accuracy or completeness of any forecasts or projections. Investors are advised to conduct their own due diligence and seek independent financial and legal advice before making any investment decision.

Listing description written by Scott Banks, Scott Banks Real Estate Group South Melbourne — reproduced as published, not verified by Districts.

Property features

  • Toilets: 9
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.