Back 5 Little Street
Off Market

5 Little Street

Deer Park VIC 3023

3
1
2
604 m²
House
Last sold for $645,000
Dimitrios KallitsisDimitrios Kallitsis, last sold this property on 01 June 2026 after 28 days on market.

Overview

Established Tenancy on a Generous Block with Development Scope (STCA)

• Currently tenanted - LONG TERM LEASE! • Monthly rent is $2,172.62 • End of lease is 06/05/2032 • Ideal for savvy investors Positioned in a highly convenient and well-connected pocket of Deer Park, this is an investment that delivers immediate income security with long-term potential. Set on a generous 605m² (approx.) allotment, the property offers not only strong land value but also flexibility for the future (STCA). Whether you're land-banking or planning ahead, the size and positioning of this block make it a standout opportunity. What truly sets this property apart is the established tenancy. Currently occupied by long-term tenants who have expressed a genuine desire to remain, this is a ready-made investment offering stability from day one. With occupants committed to staying on, investors can secure a property with continuity already in place - a highly sought-after advantage in today's market. Inside, the home offers a practical and comfortable layout, featuring three bedrooms serviced by a central bathroom and the added convenience of a second toilet. The open-plan kitchen and dining area forms the heart of the home, flowing through to a light-filled living space designed for everyday ease. Outdoors, a long driveway leads to a secure garage, with additional workspace at the rear providing flexibility for storage or trade use. Location further enhances the appeal. Within close proximity to Deer Park West Primary School and Victoria University Secondary College, and just moments from Brimbank Shopping Centre, all essentials are within easy reach. Public transport is readily accessible with Deer Park Railway Station nearby, along with local bus routes connecting you to surrounding suburbs. Nearby parklands including Kororoit Creek Trail add further lifestyle appeal. For investors seeking a property with strong tenant retention, generous land, and future potential, this is a compelling addition to any portfolio. Opportunities offering this level of tenant security are tightly held - enquire today to arrange your inspection. Photo ID Required for All Property Inspections Please refer to the link below for the most recent Due Diligence Checklist: https://bit.ly/RWDue_Diligence Please refer to the link below for Ray White's Collection Notice: https://bit.ly/RW_PrivacyNotice DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
604 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Deer Park over the last 12 months, the estimated median property value of 5 Little Street is $695k.

Median value
$695k
Estimated value range
$493k - $2.76m
Median days on market
28
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Deer Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Little Street

2026
Sold
$645,000
01 Jun 2026 by Dimitrios Kallitsis, of Ray White Melton

Happy sellers in Deer Park

90%
90% of sellers in Deer Park reported that their sale price either exceeded or met their price expectations.

Deer Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 100 reviews in Deer Park over the last 12 months.

Local market activity for 3 bedroom houses in Deer Park

In the last 12 months, 140 three-bedroom houses similar to 5 Little Street, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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