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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 Wood Street
Deer Park, VIC 3023

$1,050,000 - $1,150,000

House 5 beds 1 bath 9 cars 1015 m²
Listed Date: 11th Jun 2026
Overview

Rare 1,015m² Allotment with Endless Family or Development Potential

Positioned on an incredibly rare, flat 1,015 square meter block, this property at 1 Wood Street offers one of the most versatile and exciting real estate opportunities in Deer Park. It holds immense appeal for growing families, astute investors, and visionary developers alike, as a landholding of this scale in such a central location is a true commodity.

The existing family residence is solid, spacious, and perfectly configured for comfortable living or immediate rental income while planning for the future. It features five well-sized bedrooms, one pristine bathroom, and a secure double garage, providing a fantastic foundation for any homeowner.

For the growing family, this property offers a massive backyard that serves as a blank canvas for an outdoor entertainment oasis, a swimming pool, a large workshop or shed, or simply an expansive, secure playground for children and pets.

For developers or investors, the site offers exceptional potential for a multi-unit development project or luxury subdivision, subject to council approval. The premium features include a massive block with expansive frontage, five generous bedrooms including a master suite with a private ensuite, two distinct light-filled living areas ideal for family zoning, a central kitchen equipped with ample storage and bench space, and a secure two-car garage with additional off-street parking for trailers, boats, or caravans.

The location is perfectly situated in a highly sought-after pocket of Deer Park, offering convenience with zoning for popular schools such as Deer Park West Primary School and Victoria University Secondary College. Shopping and dining options are just minutes away at Brimbank Shopping Centre and local precincts. Transport is easily accessible with the Western Ring Road, local bus routes, and Deer Park Train Station providing a seamless commute to Melbourne CBD.

Opportunities to secure over 1,015 square meters in this thriving suburb are vanishingly rare. Whether moving straight in, land-banking for the future, or redeveloping to reap rewards, this property is an absolute must-see.

Note: Photo identification is required at all open inspections, and entry may be refused without it.

The information provided is general and has been obtained from third parties without independent verification. No warranty or representation is made regarding its accuracy or completeness. Prospective buyers should rely on their own enquiries and seek financial, legal, and taxation advice before making decisions. Prices indicated are estimates based on recent market evidence and are not valuations.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
1 Wood Street
Deer Park VIC 3023
Market Insights for Deer Park VIC 3023
New Listings (last 30 days)
7
Average price
$872,857
Lowest price
$590,000
Highest price
$1,350,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.