Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Located in a tranquil court within Deer Park, this property offers a substantial land parcel of 541 square metres in an established residential area, presenting an outstanding opportunity for those interested in redevelopment or renovation.
The existing residence occupies a building footprint of 136 square metres and is currently in original condition, requiring significant work, which makes it especially suitable for buyers with a vision to undertake a comprehensive transformation subject to council approval. This flexibility allows for creating a bespoke family home or maximizing investment potential through substantial value addition.
The generous land size and quiet location provide an ideal setting for families desiring a peaceful environment with the convenience of easy access to essential amenities, including schools, shopping centres, parklands, public transport, and arterial roadways. This connectivity ensures daily commuting and lifestyle needs are seamlessly met.
- Prime opportunity for builders, renovators, investors or developers seeking a project with strong upside potential.
- Strategically positioned to benefit from established community infrastructure and transport links.
- Ample parking is available with a two-car garage, enhancing convenience and appeal.
- The property presents a sound starting point with a functional layout to build upon.
This property is well-suited to experienced renovators or investors prepared to capitalize on the scope for renovation or rebuild, making it a compelling proposition for those aiming to tailor a home to their own specifications or realize a high return on investment through redevelopment.
Local Market Insights
In Deer Park, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $921,484. The property type mix of listed properties is predominantly Houses at 82%, followed by commercial properties (6%), and land (5%). Area Specialist was the most active agency in this area, representing 26.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Deer Park VIC 3023
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 136 m² |
Market Insights for Deer Park VIC 3023
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.
