Deer Park VIC Property Investment

Brimbank · 3023

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Median House Price
$705K
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$566K
As of 7 Nov 2026.
Population (Census 2021)
18,145

Deer Park Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Deer Park: 3.6% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Brimbank council area, 12 months to Aug 2026: 682. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Deer Park.

Suburb Metric Thresholds

2 green4 yellow1 red
Population growth 2016–21, postcode 3023 (ABS Census)
0.97 high impact
Median Household Income
1905 medium impact
Public Transport Score
51 medium impact
School Zone Quality
6.6 medium impact
Distance to CBD
17.24 medium impact
SEIFA Advantage/Disadvantage
2 medium impact
Owner Occupier Rate
74.6 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3023

Most disadvantagedLeast disadvantaged

Decile 4 of 10 — Average

Population (suburb)

18,145

Education (IEO)

6/10

Econ. Resources (IER)

7/10

Schools

In your catchment

Deer Park West Primary School
PrimaryGovernment
5.8/10
Victoria University Secondary College
SecondaryGovernment
5.3/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.