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22 Barnett Way, Derby WA, Australia

Data last updated: 21 Jun 2025

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$260,000

Current Market Valuation

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]

Purchase History

28 Nov 2023 - $40,000

1 Jan 2021 - $65,000

25 Sep 2020 - $65,000

8 Sep 2007 - $315,000

2001 - $50,000

Property Details

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)

Zoning Information

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)

Potential Developments in the Area

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.

Location 22 Barnett Way, Derby WA, Australia

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What's Nearby

Education

Derby District High School (1.06km)

Kimberley School Of The Air (1.07km)

Holy Rosary School (1.54km)

Health & Medical

Derby & Broome Medical Centre (0km)

Derby Medical Practice (0km)

Kimberley Medical Group (0km)

Derby Hospital (0km)

Transportation

Derby - Derby Taxis

Derby - Derby Bus Service (to Broome)

Derby Airport - Flights (Aviair to Broome)

Derby - Greyhound Australia (coach services)

Suburb Performance

Median Price History

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)

12-Month Growth Insight

Up 2.1% (Realestate.com.au)

Up 14.3% (PropTrack/Suburb Profile)

Down 2.17% (YIP)

Up 10.8% (Derby House Prices & Property Trends)