Derby at a glance
4,650
People
$217,500
Median sale
$500/wk
Median rent
11.95%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
$470,000
Last sold
9 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
998 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$470,000
9 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Derby (last 5 years) with land size have a median of $237/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Derby at a glance
4,650
People
$217,500
Median sale
$500/wk
Median rent
11.95%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Derby
+116.1%
Median sale
Suburb $217,500
-6.42 pp
Gross yield
Suburb 11.95%
Suburb median $217,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 998 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $500/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 998 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Derby at a glance
4,650
People
$217,500
Median sale
$500/wk
Median rent
11.95%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hutchinson Real EstateWelcome to 2 Mimosa Street, Derby - a spacious and secure 4-bedroom, 2-bathroom home set on a generous 988m² block, designed for comfort, functionality, and low-maintenance tropical living.
Enjoy the stunning year-round sunsets and refreshing north-westerly breezes from the enclosed timber verandahs on the front and western sides, complete with push-out storm shutters for added protection. Inside, the home features a master bedroom with ensuite, multiple living zones, full air-conditioning, and quality finishes throughout.
Outside, you'll find beautifully established tropical gardens and lush lawn, all serviced by an automated reticulation system. The fully fenced yard offers total security, enhanced by an automated steel front gate, Crimsafe screens on all windows and doors, a coded alarm system, and security cameras for peace of mind.
Storage and utility are well catered for with a secure shed featuring roller door access, an undercover shade sail area ideal for boat and trailer storage, and a garden shed in the backyard. On top of all this, solar panels and a full solar power system help slash electricity costs year-round.
Property Features:
• 4 spacious bedrooms including master with ensuite.
• 2 bathrooms
• Fully air-conditioned
• Enclosed timber verandahs with storm shutters
• Crimsafe security screens, coded alarm & security cameras
• Established tropical gardens with automated reticulation
• Lawn areas ideal for kids or pets
• Automated steel security gate
• Secure fencing to all boundaries
• Shed with roller door + garden shed
• Boat/trailer parking under shade sail
• Solar panels + solar power system
• 988m² landholding with room to expand
• Built in 1994,
This is a rare opportunity to own a move-in-ready, feature-rich home in one of Derby's most convenient and desirable locations.
For more information or to arrange a private inspection, contact Agent Pete Burns on 0407911696
Hutchinson Real Estate
Listing description written by Peter Burns, Hutchinson Real Estate — reproduced as published, not verified by Districts.