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This property has been sold for $517,000 on 11 Feb 2026

9 days on market

PropRadar's estimate today

$471,016

Range $432,676 to $548,604

Estimated rent $465 per week

Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.

Market context at sale

RBA cash rate
3.83%

2/78 Welwyn Parade, Deer Park, VIC, 3023

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Asking Price

$480,000 - $520,000

Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.

2 Beds1 Baths1 Cars

Property overview

This 2-bedroom apartment at 2/78 Welwyn Parade in Deer Park, VIC 3023 sold for $517K in February 2026, with 1 bathroom and parking for 1. Deer Park sits about 18 km from the CBD, where the median unit price is $580K. 53 schools sit within about 5km, and the area scores 50 for walkability and 78 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $520,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

9

Investment Score

Essentials feature

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Deer Park at a glance

Unit market signals | VIC 3023

Full suburb profile

Median

$580K

Market signals

To CBD

18 km

Est. Valuation

$518,824

Potential Sell Price

Est. Rent/wk

$415

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 10% below suburb median
Suburb grew +7.5% last year
Vacancy rate 1.4%
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Subdivision & Development Potential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$520,000
Stamp Duty (Victoria)
$26,270
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$550,470

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3023

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