4-8 Vincent Street
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About this property
A site of significant size and scale, an opportunity suggesting spectacular rewards, these four homes, comprise a massive land holding over four lots strategically situated in the Residential Growth Zone. Plans and permits for a 20 townhouse development provide a dramatic, desirable illustration of the site's capacity to contribute to Deer Park's ongoing evolution as an advantageous lifestyle setting. Widely recognized and regarded by many industry leaders, market analysts and economists as a location with significant upside due to its proximity to the CBD, Deer Park is currently considered to be under-valued. Predicted to become a hot spot suburb with great growth prospects in the coming years, this spectacular opportunity enables you to get ahead of the game and stay in front of the curve. The chance to set a trend rather than follow one is enhanced by the area's shortage of townhouse residences and by the fact that you can simply adopt the plans and permits. All the hard work, leg work and paperwork has been done and there's no need to wait for up to 24 months that it can take to secure such plans and permits. Equally, the sheer size of the land holding puts this property in a class of its own. The range of floorplans, each featuring inviting spaces and low-maintenance outdoor surroundings will appeal to a broad range of owner-occupier and investor buyers alike. Proximity to Deer Park station, Bon Thomas Reserve, Deer Park West Primary School and Ballarat Road shopping further enhances the chance to have a major impact in a position offering loads of positivity! Note: In conjunction with Ray White Sunshine
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 2775 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Deer Park
This 3-bedroom house in Deer Park, VIC 3023 sits within reach of public transport, local shops and nearby schools. It is listed 247% above the $795,000 median of 57 comparable houseswithin 5 km.
Schools near Deer Park
- Deer Park North Primary Schoolprimary · Prep-6 · CoEd
- Deer Park West Primary Schoolprimary · Prep-6 · CoEd
- St Peter Chanel Schoolprimary · Prep-6 · CoEd
- Victoria University Secondary College-Deer Park Campussecondary
What's nearby
- Deer Park 2 (train) — 160 m away
- Vacant — 611 m away
- Unnamed — 1.3 km away
- Station Waters Reserve — 1.6 km away
- Unnamed — 1.6 km away
Deer Park at a glance
Full suburb profile- Population
- 18,145
- Median age
- 35
- Household income
- $1,456/wk
- Median rent
- $350/wk
- Median mortgage
- $1,689/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Deer Park price trend
Median sold · House 3 bed
Compound growth +2.5% / yr over 4 yrs
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Full Deer Park marketThis listing
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