Deer Park
The median rent for a 2-bedroom unit in Deer Park is $420 a week for leases that started in the year to September 2025, up 6.3% on a year earlier. That is 24% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $714,000 for a house and $575,500 for a unit. A year of rent for that home is about 3.8% of its median sale price (gross rental yield). The rent data covers St Albans-Deer Park as one area, so these rent figures are shared by Deer Park, St Albans.
Median rent in Deer Park
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $330 | +6.5% | 46 |
| 2-bedroom unit | $420 | +6.3% | 272 |
| 3-bedroom unit | $482 | +7.1% | 169 |
| 2-bedroom house | $420 | 0.0% | 61 |
| 3-bedroom house | $470 | +6.8% | 679 |
| 4-bedroom house | $550 | +7.8% | 221 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $714,000 | Mar 2026 quarter |
| Unit | $575,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Sunshine $410 a week
- Hoppers Crossing $405 a week
- Werribee $405 a week
- Craigieburn $440 a week
- Sunbury $440 a week
- Whittlesea $440 a week