SOLD
Sold on 20 Mar 2024 for $485,000

877 Ballarat Road
Deer Park VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 437m2
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Property Details for 877 Ballarat Rd, Deer Park

Building Type
Land
Year Built
1976
Floor Size
102m2
Land Size
437m2
Local Government
Brimbank
Lot/Plan
1/PS644496

Last Listing description (June 2024)

Are you ready to embark on your dream of building your own modern and stylish townhouses? Look no further! We are thrilled to present an incredible opportunity at 877 Ballarat Road in the highly sought-after Deer Park neighbourhood.

Situated on Ballarat Road, this vacant land is perfectly positioned within close proximity to schools, parks, shopping centers, and public transport, providing convenience and accessibility to all amenities.
With the demand for quality housing in Deer Park continually rising, this property presents an excellent investment opportunity.

Deer Park is a vibrant and thriving suburb experiencing rapid growth and development. By securing this vacant land, you are positioning yourself to benefit from the area's future prosperity.

Contact our dedicated team at Ray White Deer Park to secure this prime piece of real estate and turn your property dreams into a reality!
**Disclaimer: The information provided in this advertisement is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and verify all details pertaining to the property.

Property History for 877 Ballarat Rd, Deer Park, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$485,000
20 Mar 2024
Listed for Rent
$300/w
19 May 2017
  • 20 Mar 2024
    Sold for $485,000
  • 04 Jun 2022
    Sold for $430,000
  • 10 May 2022
    Listed for Sale $459,000 to $504,900
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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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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.