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5 Little Street, Deer Park VIC 3023

5 Little Street, Deer Park VIC 3023-Image For Sale
5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image 5 Little Street, Deer Park VIC 3023-Image
House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Saturday, May 23, 2026 ( See property details for 5 Little Street, Deer Park VIC 3023)

$640,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, investment-ready house in Deer Park with long-term tenants, generous land size, and future development potential.

🏑 Property Highlights

  • Long-term tenant in place with ongoing lease until 06/05/2032, ensuring immediate income security.
  • Generous 605m² allotment offering strong land value and future development potential (STCA).
  • Prime location in a well-connected pocket of Deer Park, close to schools, shopping, and public transport.
  • Practical and comfortable layout with three bedrooms, central bathroom, and additional toilet.
  • Light-filled open-plan kitchen and dining area complemented by a spacious living space.
  • Secure garage with additional workspace at the rear, providing flexibility for storage or trade use.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Pet-Friendly
  • Fly Screens
  • NBN / High-Speed Ready
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5 Little Street
Deer Park, VIC 3023
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Vertical aerial view β€” 5 Little Street
5 Little Street — Vertical Aerial  •  Deer Park, VIC 3023  •  Nearmap © 2026

Deer Park is a vibrant suburb offering excellent connectivity and amenities. Key highlights include proximity to primary and secondary schools, shopping centres, and public transport options. The area features scenic parklands and walking trails, making it ideal for families and investors alike. Its strategic location ensures strong growth potential and lifestyle convenience. With a welcoming community and ongoing development, Deer Park remains a highly desirable place to live and invest.

What is the current rental income and lease duration?
The property is currently leased at $2,172.62 per month with a lease until 06/05/2032, providing long-term income security.
Is there potential for future development or subdivision?
Yes, the generous 605mΒ² allotment offers flexibility for future development or subdivision, subject to council approval (STCA).
What amenities and facilities are nearby?
The property is close to Deer Park West Primary School, Victoria University Secondary College, Brimbank Shopping Centre, Deer Park Railway Station, and local parks including Kororoit Creek Trail.
What are the key features of the house's layout?
The home features three bedrooms, a central bathroom, an additional toilet, an open-plan kitchen and dining area, and a light-filled living space.
Is the property suitable for future tenants or owner-occupiers?
The property is currently tenanted with long-term tenants who wish to stay, making it ideal for investors seeking immediate income and future potential.
Are there any upcoming council or planning applications that could affect the property's future development potential? Are there any known issues with the property's structure, plumbing, or electrical systems? What are the zoning restrictions and any easements affecting the land? Is there any history of flooding or bushfire risk in this area? Are there any strata or body corporate fees applicable if the property is part of a larger development?

5 Little Street, Deer Park VIC 3023 - More Details

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

β€’ Currently tenanted - LONG TERM LEASE!
β€’ Monthly rent is $2,172.62
β€’ End of lease is 06/05/2032
β€’ 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 605mΒ² (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.

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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.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
0.0

Interactive Property Floorplan - 5 Little Street, Deer Park VIC 3023

5 Little Street, Deer Park VIC 3023
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