FOR SALE
ESR: $990,000 - $1,050,000

834 Ballarat Road
Deer Park VIC 3023

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1053m2
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PRIME OPPORTUNITY TO LIVE OR DEVELOP IN DEER PARK

Unlock the potential of this prime corner allotment in Deer Park, 30 minutes from the CBD. Boasting a land size of 1,053sqm approx. and single ownership history since the 1950's, this property is being offered to the market for the first time presenting a rare opportunity to homeowners, developers and investors looking to make their mark in this sought after location.
Whether you wish to embark on a journey to renovate and extend the current house (STCA.), create a multi-residential development (STCA.) or possibly investigate the opportunity for a 'mixed-use' site (STCA.), 834 Ballarat Rd is the epitome of versatility and will appeal to a range of prospective purchasers. The strategic location near the Western Ring Road and Western Highway, opposite retail shopping options and zoning offer a range of options for astute purchasers.
Key Property and Location Details
Location: Strategically located on Ballarat Road (via service road), offering easy access to amenities, schools, parks and public transport.
Land Size: 1,053sqm approx. flat, rectangular, corner allotment. 21m approx. frontage and 50m approx. length.
Development Options (STCA.): Renovate and extend current dwelling, knock-down-rebuild, keep existing dwelling and develop rear of property, develop entire property (possibility of 5 residences STCA.) or investigate a possible mixed use site (e.g. residential and commercial).
Existing House: 3 bedroom, 1 bathroom single-story weatherboard.
Outdoor Space: Secure rear yard, flat and large. Plenty of room for entertaining, activities or new construction.
Don't miss this opportunity to secure a property with rich history and endless potential just 30 mins west of Melbourne CBD.
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Property Details for 834 Ballarat Rd, Deer Park

834 Ballarat Rd, Deer Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1053m2. The place is currently for sale with Barry Plant - Bundoora.

Building Type
House
Land Size
1053m2

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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 7,594 properties. Over the last 5 years, Houses in Deer Park have seen a 22.17% increase in median value, while Units have seen a 11.07% increase. As at 31 July 2024:

  • The median value for Houses in Deer Park is $650,734 while the median value for Units is $510,557.
  • Houses have a median rent of $450 while Units have a median rent of $430.
There are currently 55 properties listed for sale, and 9 properties listed for rent in Deer park on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Deer park.

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Nicholas Matkin
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Victor Hsu
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Barry Plant - Bundoora
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