Deer Park is a western Melbourne suburb on the Western Ring Road, offering affordable housing with major employment in the nearby industrial and logistics precinct. Access to Melton Highway, Caroline Springs and the regional rail network at Deer Park station. At the current $640k median house price, an 80% loan at 6.25% over 30 years is about $3,152 per month.
| Median house price | $640,000 |
|---|---|
| Median unit price | $415,000 |
| Estimated monthly repayment | $3,152 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.8% |
| Gross rental yield | 4.5% |
| Typical days on market | 21 |
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