Real Estate Deep Lead Vic 3385

Real Estate Market: Is Deep Lead VIC 3385 a Good Suburb to Buy Into?

Housing Market in Deep Lead

Key Deep Lead Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS North West Vic	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$399	Bottom 3%	206% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Deep Lead

Deep Lead Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Deep Lead

40.8%

North West Vic

35.2%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 13%	Data for May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	Data for Feb 2025

Housing Stock Quality in Deep Lead

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	11% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Deep Lead

Deep Lead Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Deep Lead

18.2%

North West Vic

28.7%

Compare
Suburbs

	Field	Value	VS North West Vic	Trend
	Heritage overlay total area	0.0 sq km	Bottom 18%	Data for Jun 2023

Risk in Deep Lead

Deep Lead Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Deep Lead

25.3

North West Vic

32.1

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Housing Affordability Index	20	Bottom 10%	Data for Jun 2023
Rent Affordability Index (Houses)	85	Top 13%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 17%	Data for Jun 2023
Mortgage as a percent of income	17.9%	Bottom 29%	8% to Jan 2021

Housing Demand in Deep Lead

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Deep Lead

31.3%

North West Vic

45.0%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	8430	Bottom 32%	0% to Dec 2036
Historical Population (SA3)	59600	Bottom 45%	3% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	10700	Bottom 44%	17% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Deep Lead

Deep Lead Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS North West Vic	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$323	Bottom 5%	135% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	92.2%	Top 21%	39% to Feb 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Northern Grampians

Turnover Rate by Street (15)

Turnover rate	Street	Turnover Label	Turnover Years	Year
38.5%	37Th Parallel Rd	very tightly held	Every 26.0 years (very tightly held)	2025
45.5%	Sandbar Rd	very tightly held	Every 22.0 years (very tightly held)	2025
88.9%	Glenvale Rd	high turnover	Every 11.2 years (high turnover)	2025
50.0%	Thelmadale Rd	very tightly held	Every 20.0 years (very tightly held)	2025
100.0%	Red Hill Rd	high turnover	Every 10.0 years (high turnover)	2025

Percent of Renters by Street (18)

Percent of Renters	Street
0.0%	37Th Parallel Rd
0.0%	Bunyip Hill Rd
0.0%	Cross St
0.0%	Cut Throat Ln
0.0%	Deep Lead Rd

Recently Sold Houses (10)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
42 Glenvale Rd	Price Withheld	3.0	1.0		25 May 2023	On Market
45 Bunyip Hill Rd	$580,000	3.0	2.0		15 Feb 2023	On Market
45 Bunyip Hill Rd	Price Withheld	3.0	2.0		17 Jan 2023	On Market
42 Glenvale Rd	Price Withheld	3.0	1.0	8.0	19 Dec 2022	On Market
215 Old Glenorchy Rd	Price Withheld	3.0	2.0	2.0	13 Oct 2022	On Market

Median House Sale Prices by Street (30)

Street	Date	Median sale value
Old Glenorchy Rd	31 May 2024	446000.0
Old Glenorchy Rd	30 Jun 2024	504000.0
Old Glenorchy Rd	30 Jun 2024	474300.0
Old Glenorchy Rd	31 Jul 2024	409900.0
Old Glenorchy Rd	31 Jul 2024	553700.0

Recently Sold Units (100)

Address	Price	Bedrooms	Date sold	Sale Type
28 Reserve Rd	Price Withheld	3.0	24 Jan 2023	On Market
28 Reserve Rd	Price Withheld	3.0	24 Jan 2023	On Market
28 Reserve Rd	Price Withheld	3.0	24 Jan 2023	On Market
28 Reserve Rd	Price Withheld	3.0	24 Jan 2023	On Market
28 Reserve Rd	Price Withheld	3.0	24 Jan 2023	On Market

Leaflet

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