Back

Derby
TAS, 7264 - Dorset

Thinking about buying in Derby? Now could not be a better time, with just 276 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $292,000 with prices in this suburb ranging from $22,000 to $2,016,000. The aproximate distance to the coast is 24 Km.

Household Makeup

Median Weekly Rent $208.43
Median Monthly Mortgage $835.00
Median Persons Per Bedroom 0.79
Average Household Size 2.43
Average Age 47.57
Average Income $519.86
Average Cars Per Dwelling 2.18
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $261,000
2 Bed  $246,000
3 Bed  $372,000
4 Bed  $546,000
5 Bed  $148,000
6 Bed+$203,000

Derby Real Estate Market Outlook

In Derby there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Derby due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Derby leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Derby to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Derby

Belle Property KIMBERLEY SCHOOL OF THE AIR, 90 CLARENDON ST, DERBY, WA, 6728 Beds8 Bathrooms5 Parking 33 $1,170,000
PRD LOT 7 SAVANNAH WAY, DERBY, WA, 6728 Beds5 Bathrooms3 Parking 4 Expressions of Interest
PRD 9 ALEXANDER ST, DERBY, WA, 6728 Beds3 Bathrooms1 Parking 1 Offers from $280,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Derby 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.

Derby 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
Jan7.725.935.253.792.54.523.2
Feb5.426.036.147.390.64.323.8
Mar3.925.335.943.691.13.624.1
Apr0.422.835.636.285.73.421.9
May1.518.732.530.876.83.518.5
Jun014.931.122.266.23.617.9
Jul0.314.631.222.871.03.418.5
Aug0.214.833.415.464.03.821.4
Sept018.436.519.479.73.925.8
Oct0.022.837.427.582.94.427.9
Nov0.325.838.630.880.44.828.6
Dec2.726.538.140.185.44.926.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

MoorinaBranxholmTelitaWinnaleahHerrickWeldboroughWarrentinnaLegerwoodPioneerRingarooma


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!