City of Melton · Victoria 3336

Deanside

A brand new corridor community.

A newly established suburb roughly 25 km west of the Melbourne CBD, Deanside is one of the corridor's youngest communities, made up almost entirely of modern estates and new homes. Property management here is handled personally for rental providers who expect more than the minimum.

By the numbers

Deanside at a glance

Median house price
$685,500
12-month growth
+3.9%
Median house rent
$510/wk
Gross house yield
3.81%

Units are few, so this is a house market. 293 houses sold over the past year, and as a new release suburb homes took an average of around 62 days to settle. For a wider view of the market you can explore our investor insights and affordability tools.

Indicative figures drawn from CoreLogic suburb data, current to early 2026, with the full profile available on realestate.com.au. Median prices, rents and yields move as new data is released, and are not a valuation or financial advice.

About Deanside

Modern estates, affordable entry

Gazetted only in 2017, Deanside is a true growth corridor suburb, built around brand new estates with parks, planned retail and schools still taking shape. Its appeal is modern, affordable homes within easy reach of the city.

As a newer market it moves a little more steadily, but demand is consistent and the pipeline of families continues to grow. For rental providers, positioning a new home well from the first lease makes all the difference, and that is exactly where we add value. Curious what yours could earn? Request a free rental appraisal and we will tell you honestly.

Every part of the process, from first listing through to routine inspections, is handled in house and overseen personally by Lehna. We keep your property fully compliant with current Victorian rental law, and if you would rather manage it yourself, our guide for self-managing owners is here to help.

Thinking of leasing your property in Deanside?

Find out exactly what your Deanside property should be earning. Book a complimentary performance review and we will give you an honest view of where it sits in today's market, with no obligation. Prefer to talk first? Get in touch any time, or you can appoint us now when you are ready to make the move.

Book a Performance Review