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Derwent Valley
TAS, 7140

Thinking about buying in Derwent Valley? Now could not be a better time, with just 78 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $306,000 with prices in this suburb ranging from $37,000 to $1,191,000. The aproximate distance to the coast is 29 Km.

Household Makeup

Median Weekly Rent $410.00
Median Monthly Mortgage $1300.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 46.00
Average Income $722.00
Average Cars Per Dwelling 2.53
Average Properties Within 50M 1

Housing Stock

Average Property Prices

2 Bed  $77,000
3 Bed  $487,000
4 Bed  $502,000
5 Bed  $457,000
6 Bed+$153,000

Derwent Valley Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Derwent Valley due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Derwent Valley changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Derwent Valley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Derwent Valley

PRD BASE CAMP TASMANIA, 959 GLENFERN RD, GLENFERN, TAS, 7140 Beds3 Bathrooms2 Parking 8 Under Offer

Local Schools

New Norfolk High School

Fairview Primary School

(While the above schools are located with the suburb of Derwent Valley there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Derwent Valley weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.710.325.731.290.43.724.0
Feb1.19.924.537.193.03.620.8
Mar1.28.121.741.893.53.214.9
Apr1.66.218.447.894.82.99.4
May1.43.61555.496.72.67.0
Jun1.61.91264.798.22.25.4
Jul1.81.411.861.397.62.56.0
Aug1.71.914.051.296.02.98.9
Sept1.44.416.445.294.03.613.0
Oct1.45.418.841.693.83.518.2
Nov1.77.820.741.292.73.722.3
Dec1.59.122.737.590.73.824.7

source: Australian Government Bureau of Meteorology


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Nearby Suburbs

GlenfernLawittaNew NorfolkPlentyHayesBoyerMagraMalbinaMount LloydSorell Creek

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General Points of Interest

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