Estimated market value: $260,000
Notes: Estimated market value ranges from $225,000 to $295,000. The property was last sold for $40,000 on 28 Nov 2023, $65,000 on 1 Jan 2021, and $65,000 on 25 Sep 2020. The asking price ($65,000) is significantly below the estimated market value but aligns with recent sale prices. Renovation is required for the property. [2, 3, 4, 5, 7]
28 Nov 2023 - $40,000
1 Jan 2021 - $65,000
25 Sep 2020 - $65,000
8 Sep 2007 - $315,000
2001 - $50,000
Type:
House
Bedrooms:
3
Bathrooms:
1
Land (sqm):
769
Car/Garage:
2 (car spaces/garage spaces)
Estimated weekly rent:
$470 per week (for 3-bedroom houses)
Median weekly rent for houses in Derby ranges from $400 to $430 per week across various sources, with 3-bedroom houses specifically noted at $470 per week. Rental yields for houses in Derby are currently 11.80%. The property was last leased in September 2017. [2, 8, 14, 21, 22, 25, 35]
Rental vacancy rate:
0.16% (Derby-West Kimberley region)
Council rate:
Shire of Derby-West Kimberley (Specific property rates not publicly available; general rate increase for 2024/25 was 2.95%, determined by land values).
Water rate:
Water Corporation WA (Specific property rates not publicly available; based on consumption and service charges. A single uniform service charge for households was $275.70 for 2022-23 financial year).
Strata fee:
N/A (House)
Home and content insurance price:
N/A (Highly variable, depends on insurer, contents value, and specific policy details)
LGA:
Shire of Derby-West Kimberley
Zoning:
Residential (implied, with Local Planning Strategy indicating R5/R10 density for areas east of Derby Highway)
Bushfire:
No
Flood:
No
Heritage:
Yes (heritage overlay detected)
State Government:
The Shire of Derby-West Kimberley Local Planning Strategy outlines general objectives for growth and development, including promoting Derby as a principal administrative, service, accommodation and employment centre.
Local Government:
Provision of adequate residential, commercial and industrial land.
Promotion of redevelopment in areas close to the town centre for increased housing opportunities and diversity.
Support for strategic site development that benefits the Shire.
Consideration of impacts from Kimberley Regional Prison and oil/gas sector expansion on residential land demand.
Derby - Derby Taxis
Derby - Derby Bus Service (to Broome)
Derby Airport - Flights (Aviair to Broome)
Derby - Greyhound Australia (coach services)
Derby's median house price over the last year ranges from $225,000 to $485,000 across different sources. Annual compound growth rates for houses in Derby vary from -2.17% to 14.3% depending on the source and timeframe.
Last 12 months (Realestate.com.au) | $485,000
Last 12 months (YIP) | $225,000
Last 12 months (PropTrack/Suburb Profile) | $240,000
Last 12 months (Domain) | $215,000 (3-bed house)
Up 2.1% (Realestate.com.au)
Up 14.3% (PropTrack/Suburb Profile)
Down 2.17% (YIP)
Up 10.8% (Derby House Prices & Property Trends)