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City of Boroondara

Deepdene

Deepdene Property Market
& Suburb Profile

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MEDIAN PRICES IN DEEPDENE

Median house price

(all agencies, last 12 months)$3.5m*

House price change

(all agencies, last 12 months)-5.04%

Median unit price

(all agencies, last 12 months)$1.1m*

Unit price change

(all agencies, last 12 months)+2.47%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

DEEPDENE price TRACKER

HousesUnits

Deepdene sales overview

  • Sold by Auction 80%
  • Sold by Private Sale or Other Method 20%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)30

Average days on market (units)

(all agencies, 12 months)27

Average held period in Deepdene

(proptrack)17 years

Deepdene Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,113pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$701pw

Unit rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)1.86%

Average rental yield for Units

(all agencies, last 12 months)3.31%

Deepdene total population size

(as at the last census)2,101

Median household size in Deepdene

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Deepdene property types

  • Houses 40%
  • Units 26%
  • Other 34%

OCCUPANCY in Deepdene

  • Owned 74%
  • Rented 20%
  • Other/Not Stated 6%
  • Singles 25%
  • Families 72%
  • Other 3%

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About Deepdene

Deepdene is a highly exclusive and tightly held residential enclave, located approximately 8 kilometres east of the Melbourne CBD, offering a premier inner-eastern lifestyle defined by its immense prestige, quietude, and exceptionally leafy streetscapes.

This small suburb is renowned for its grand, historical residences, which primarily consist of beautifully preserved period homes and magnificent modern estates set on expansive, well-manicured blocks, attracting established, affluent families and high-net-worth individuals.

The lifestyle is one of utmost serenity and sophistication, benefiting from immediate proximity to the premium amenities of nearby Balwyn and Kew, including the high-end shopping and dining found along Whitehorse Road and Burke Road, while retaining a secluded, residential feel.

Education is a cornerstone of its appeal, with the suburb zoned for highly regarded schools such as Deepdene Primary School and having immediate access to numerous Melbourne's elite private colleges, which significantly underpins property values and ensures continuous, strong demand.

Although it maintains a tranquil atmosphere with limited commercial activity, connectivity is excellent, with tram routes along Whitehorse Road and nearby train stations providing efficient access to the city, complemented by easy vehicular travel via major arterials.

For investors and buyers, Deepdene represents a secure, blue-chip market where the scarcity of properties, enduring prestige, and superior educational and locational attributes guarantee robust long-term capital growth and stable demand for its luxury housing stock.

Education

Deepdene Primary School
Our Lady of Good Counsel School
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Deepdene MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202544$2,275,000-5.04%46$907pw2.58%
202446$2,421,50024.27%34$881pw2.52%
202337$2,095,5700.98%59$851pw2.29%
202233$2,183,000-4.12%52$771pw2.14%
202142$2,477,500-1.11%53$693pw1.89%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202544$2,275,000-5.04%
202446$2,421,500+24.27%
202337$2,095,570+0.98%
202233$2,183,000-4.12%
202142$2,477,500-1.11%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202546$907pw2.58%
202434$881pw2.52%
202359$851pw2.29%
202252$771pw2.14%
202153$693pw1.89%

PROUDLY SERVICING Deepdene

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.