Deep Lead, VIC 3385
Deep Lead, VIC 3385 — a quiet year
Activity in Deep Lead, VIC 3385 was very light over the last 12 months: two houses sold.
Beyond that, the clearest read on Deep Lead is the most recent Census — the resident profile below.
Who lives hereA below-average-income, largely mortgage-free, older-leaning suburb — mostly Australian-born and deeply settled.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Deep Lead demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Unlock the full report
Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
This report
- The complete Deep Lead report
- 30 days of live access
- Download as a PDF
- Months of supply needs the add-on
Full access
- Unlimited suburb reports
- Near real-time + 5-year data
- 50+ dual-metric map views
- Demand cycle + market velocity
Already a member? Sign in
Who lives in Deep Lead?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Deep Lead
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Deep Lead
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.6× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Deep Lead
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Deep Lead
No school inside Deep Lead itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Deep Lead median house price & rent
Headline price, rent, yield and time on market for Deep Lead — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Deep Lead property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Deep Lead
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Deep Lead against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Deep Lead in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Deep Lead — Units & Houses, all bedrooms
Deep Lead median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Deep Lead rose from $354k (Jul 2021) to $380k (Jun 2026) — +7.5% growth over five years — peaking at $492k between Nov 2024 and Oct 2025.
Suburbs near Deep Lead: prices compared
The nearest suburbs to Deep Lead, ranked by distance — each lined up against Deep Lead on the same measures, so the differences jump out at a glance.
Frequently asked · Deep Lead
14 data-driven answers about Deep Lead's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Deep Lead?
#The median house price in Deep Lead, VIC 3385 is $359k as of June 2026. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much is a 3 bedroom house in Deep Lead?
#As of June 2026, Deep Lead medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $359k | $359k | $359k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseIs Deep Lead a tight or loose property market right now?
#Deep Lead's sales market sits at 5.8 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
How it compares
Vs state, vs nearby, vs popularHow does Deep Lead compare to other VIC suburbs?
#Deep Lead's median house price ($359k) is 27% below the VIC median ($489k) as of June 2026.
What's the most popular property type in Deep Lead?
#The most-transacted segment in Deep Lead over the 12 months to June 2026 is 3 bed houses with 1 sale. 4 bed houses come second at 1 sale. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Deep Lead last year?
#Deep Lead recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Deep Lead in?
#Deep Lead is in postcode 3385, in the North West region of VIC. Addresses there are written as Deep Lead, VIC 3385.
What is the population of Deep Lead?
#Deep Lead, VIC 3385 is home to 137 residents (ABS Census 2021). The median resident age is 40, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Deep Lead?
#The median household in Deep Lead earns $793 per week — roughly $41k a year (ABS Census 2021). Median personal income runs $507/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Deep Lead?
#The unemployment rate in Deep Lead is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Deep Lead?
#Deep Lead is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Deep Lead?
#Deep Lead has 6 schools within reach — including Stawell Primary School, Skene Street Specialist School, Stawell West Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Deep Lead a good place to live?
#Deep Lead, VIC 3385 has a population of 137, a median age of 40, a median household income around $793/week, 50% of households renting (ABS Census 2021). There are 6 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Deep Lead market data last updated?
#This Deep Lead market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.