Derwent Park TAS 7009

Here you can find what you need to know about Derwent Park, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$375k Median Sale Price (National Average $485k) 83rd In TAS
7.97% Median Price Change (1 yr) (National Average 4.30%) 81st In TAS
$400pw Median Rent (National Average $395) 43rd In TAS
5.5% Median Gross Yield (National Average 4.24%) 45th In TAS
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Derwent Park, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Derwent Park, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Derwent Park, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Derwent Park


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State Auction Clearance Rates - August 2019

Auctions Clearance rate
TAS 2 100%
ACT 26 80%
NSW 446 76%
NT 7 29%
QLD 105 46%
SA 48 66%
VIC 588 76%
WA 13 45%

Local Schools


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Suburb Information

Derwent Park, TAS 7009

Part of: Glenorchy Council No data available

The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 4.4% of total area. The population of Derwent Park in 2011 was 619 people. By 2016 the population was 644 showing a population growth of 4.0% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation. In 2011, 54.6% of the homes in Derwent Park were owner-occupied compared with 60.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Derwent Park

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Derwent Park   for Houses in last 12 months

Streets in Derwent Park


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