Thinking about buying in Derby? Now could not be a better time, with 2802 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $307,000 with prices in this suburb ranging from $20,000 to $1,053,000. Derby is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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. Low average incomes in Derby is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Derby provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Derby 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 Derby

	1 cascade dam rd, derby, tas, 7264	3	1	4	$649,000 to $695,000
	4 church st, derby, tas, 7264	3	1	1	Offers Over $549,000
	50 main st, derby, tas, 7264	3	2	2	$685,000 to $725,000
	2 bruce st, derby, tas, 7264				Offers Over $395,000
	2 main st, derby, tas, 7264				Offers Over $320,000
	22 cascade dam rd, derby, tas, 7264				Offers Over $495,000
	30 main st, derby, tas, 7264	4	1	11	Offers Over $890,000

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General Points of Interest

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