Deer Park Property Investment Overview

Suburb research data for Deer Park, VIC 3023 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2025
Median House Price
$680,000
2025 data
Gross Rental Yield
3.6%
Weekly Rent
$470
Renter Demand
49%
of residents rent
Vacancy Rate
0.9%
Low — tight market
Population
18,145
Suburb residents

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📍 Suburb Overview

State VIC
Postcode 3023
Median house price $680,000
Median unit price $551,500
Weekly rent (median) $470/wk (unlock cashflow model)
Gross yield 3.6% (unlock risk & score)
Renter % 48.9%
Vacancy rate 0.91%
Population 18,145
Median household income $75,712/yr
Owner-occupied 51.1%
Median age 35 yrs
Total dwellings 3,529

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 69

Deer Park shows above-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

Low vacancy (0.9%) — tight rental market
⚠️ Higher reported crime (69 incidents/1,000 residents) — VIC reported data 2024
Sign in to unlock: confidence score, risk flags, rent assumption, cashflow snapshot and exportable due-diligence checklist.

Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 3
Primary 3
Secondary 0
Schools in Deer Park
Deer Park North Primary School Primary · Government
Deer Park West Primary School Primary · Government
St Peter Chanel School Primary · Catholic
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Deer Park's 3.6% gross rental yield is above the VIC median of 2.5%, across 753 VIC suburbs with public data.

Similar suburbs in VIC by price range, ranked by yield:

Mornington, VIC
6.9% yield
$525,000
Lilydale, VIC
6.5% yield
$482,500
Mornington, VIC
6.5% yield
$558,000
Berwick, VIC
6.4% yield
$487,500
Carrum, VIC
6.3% yield
$510,000
Dromana, VIC
6.3% yield
$492,000

Head-to-head comparisons for Deer Park:

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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $680,000
Deposit (20%) $136,000
Loan (80% LVR) $544,000
Weekly rent $470/wk
Annual rent income $24,440/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Deer Park a good suburb to invest in?

Deer Park has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Deer Park?

The median house price in Deer Park is approximately $680,000 based on 2025 public data.

What is the rental yield in Deer Park?

The indicative gross rental yield in Deer Park is 3.6%, based on a median weekly rent of $470 against a median price of $680,000. This is general data only — actual yields vary by property, condition and market timing.

How does Deer Park compare to other suburbs?

Use the suburb comparison tool to compare Deer Park against other Australian suburbs by price, yield, vacancy and renter demand.

Is Deer Park a safe suburb?

Deer Park shows above-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 69 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Deer Park?

Deer Park has 3 known schools, including Deer Park North Primary School, Deer Park West Primary School, St Peter Chanel School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →