OFF MARKET

100 Millbank Drive
Deer Park VIC 3023

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 612m2
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Property Details for 100 Millbank Dr, Deer Park

100 Millbank Dr, Deer Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 612m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Floor Size
130m2
Land Size
612m2
Local Government
Brimbank
Lot/Plan
124/LP52545

Last Listing description (August 2020)

Harcourts West Real Estate proudly presents 100 Millbank Drive Deer Park, a property that provides so many options and simply oozes money making potential.
Comprising 3 bedrooms this neat and tidy home on a large block of approx. 606sqm is situated on arguably Deer Park's finest street overlooking the tranquil surrounds of Kororoit creek yet only minutes walking distance from all the suburbs amenities.

This property would perfectly suit buyers looking for the following:

1. An amazing family home in Deer Park's prime lifestyle location. Enjoy daily walks or bike rides along the picturesque creek and reserve or pop down to the vibrant Ballarat Road Shopping Strip or Brimbank Central for a coffee , meal or some shopping.
2. Currently, in a very liveable and well kept condition, the home can be modernised and renovated to add immediate value or increase rental returns.
3. With a wide side driveway, developers can investigate subdividing the deep rear yard (STCA) and adding an additional dwelling whilst retaining the current home.
4. Live in or rent out long term knowing that into the future the superb location of this property ensures a lucrative and prized redevelopment when the day comes that you decide to cash in on this super investment.

Premier street, lifestyle benefits, and money making potential make 100 Millbank Drive Deer Park the property you just have to buy.

Property History for 100 Millbank Dr, Deer Park, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$585,000
13 Mar 2020
  • 13 Mar 2020
    Sold for $585,000
  • 03 Feb 2020
    Listed for Sale Build Unit In Rear (STCA) $595,000

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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 10 properties listed for rent in Deer park on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Deer park.

Suburb Insights for Deer Park 3023

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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.