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Sold on 28 Oct 2024 for $970,000

834 Ballarat Road
Deer Park VIC 3023

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1053m2
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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. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Deer Park in the last 12 months.

Building Type
House
Land Size
1053m2
Local Government
Brimbank
Lot/Plan
10/LP2281

Last Listing description (October 2024)

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.

Property History for 834 Ballarat Rd, Deer Park, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$970,000
28 Oct 2024
  • 28 Oct 2024
    Sold for $970,000
  • 22 Jul 2024
    Listed for Sale Not Disclosed
  • 12 Nov 2022
    Transferred

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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 7,635 properties. Over the last 5 years, Houses in Deer Park have seen a 17.40% increase in median value, while Units have seen a 12.85% increase. As at 31 October 2024:

  • The median value for Houses in Deer Park is $643,022 while the median value for Units is $506,278.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 54 properties listed for sale, and 17 properties listed for rent in Deer park on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Deer park.

Suburb Insights for Deer Park 3023

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Nicholas Matkin
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Victor Hsu
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Barry Plant - Bundoora
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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.