FOR SALE
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4 - 8 Vincent Street
Deer Park VIC 3023

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 2775m2
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Make Your Mark On Deer Park - Plans and Permits for 20 Townhouses

A site of significant size and scale, an opportunity suggesting spectacular rewards, these four homes, comprise a massive land holding over four lots strategically situated in the Residential Growth Zone. Plans and permits for a 20 townhouse development provide a dramatic, desirable illustration of the site's capacity to contribute to Deer Park's ongoing evolution as an advantageous lifestyle setting.
Widely recognized and regarded by many industry leaders, market analysts and economists as a location with significant upside due to its proximity to the CBD, Deer Park is currently considered to be under-valued. Predicted to become a hot spot suburb with great growth prospects in the coming years, this spectacular opportunity enables you to get ahead of the game and stay in front of the curve.
The chance to set a trend rather than follow one is enhanced by the area's shortage of townhouse residences and by the fact that you can simply adopt the plans and permits. All the hard work, leg work and paperwork has been done and there's no need to wait for up to 24 months that it can take to secure such plans and permits. Equally, the sheer size of the land holding puts this property in a class of its own.
The range of floorplans, each featuring inviting spaces and low-maintenance outdoor surroundings will appeal to a broad range of owner-occupier and investor buyers alike. Proximity to Deer Park station, Bon Thomas Reserve, Deer Park West Primary School and Ballarat Road shopping further enhances the chance to have a major impact in a position offering loads of positivity!
In Conjunction with Bells Real Estate Sydenham
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Property Details for 4 - 8 Vincent St, Deer Park

4 - 8 Vincent St, Deer Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2775m2. The place is currently for sale with Ray White Sunshine.

Building Type
House
Land Size
2775m2

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About Deer Park 3023

The size of Deer Park is approximately 8.6 square kilometres. It has 30 parks covering nearly 9.8% of total area. The population of Deer Park in 2011 was 16,204 people. By 2016 the population was 18,121 showing a population growth of 11.8% in the area during that time. The predominant age group in Deer Park is 30-39 years. Households in Deer Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deer Park work in a labourer occupation. In 2011, 67.1% of the homes in Deer Park were owner-occupied compared with 66.3% in 2016.

Deer Park has 7,591 properties. Over the last 5 years, Houses in Deer Park have seen a 19.63% increase in median value, while Units have seen a 16.21% increase. As at 30 September 2024:

  • The median value for Houses in Deer Park is $642,873 while the median value for Units is $516,457.
  • Houses have a median rent of $463 while Units have a median rent of $430.
There are currently 56 properties listed for sale, and 16 properties listed for rent in Deer park on OnTheHouse. According to CoreLogic's data, 283 properties were sold in the past 12 months in Deer park.

Suburb Insights for Deer Park 3023

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Marcus Fregonese
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Ray White Sunshine
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.