7/15 Widnes Court, Deer Park VIC 3023

7/15 Widnes Court, Deer Park VIC 3023
3-bed 2-bath 2-car townhouse | modern 2023 build | master with ensuite | low-maintenance courtyard | Deer Park school zone This townhouse has been placed within a compact six-residence development, giving it a much newer format than most of the surrounding detached housing stock. The two-level layout is designed with a practical ground-floor powder room and a secure internal-access double garage, while the master suite is set apart with a walk-in robe and ensuite. Timber flooring, split-system climate control, and a low-maintenance courtyard suit first-home buyers, young families, and investors looking for a property that requires minimal upkeep. It is positioned as a mid-market townhouse in a suburb where quality modern stock is still relatively limited. The lack of onsite shared amenities may be seen as a shortfall by some, but it also keeps ongoing costs low. The two-level design might not suit older buyers or anyone with mobility concerns, which could slightly narrow the pool of interested parties. Value may also be shaped by how the wider development’s sales history establishes a pricing floor; comparable sales in the same complex suggest the band is well supported, though final presentation and any upgrades will influence the eventual outcome. >> Comparable Sales: 4/15 Widnes Court sold $540,000; another complex sale around $575k-590k | Property Price Band: $550K-$650K | Value Drivers: modern condition, low-maintenance garden, three-bed family layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 7/15 Widnes Court, Deer Park VIC 3023
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

This suburb moves faster than St Albans, with houses selling 46.5% quicker and units 44.7% quicker. Demand is led by families-couples with children dominate households, and owner-occupation sits high at 66.5%. Median house prices range $695,000–$729,000 across sources, running 6.0%–6.9% annual growth (13.5% over five years). Units sit at $515,000–$550,000, up 5.4%–5.9% yearly, though the latest quarterly change slipped to -0.5%. House days on market vary 23–69; gross rental yield for houses is around 4.1%–4.4%. However, momentum is cooling: house sales volume fell 20.8% year-on-year, days on market rose 60.5%, and unit auction clearance dropped 50.0%. Further growth depends on whether family buyer demand holds as supply and affordability pressures build; the key constraint is the recent loss of sales velocity and clearance strength.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

168m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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