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.
$950,000
Last sold
9 Jan 2026
6
Bedrooms
4
Bathrooms
2
Car spaces
1,013 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
$950,000
9 Jan 2026 · 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
+336.8%
Median sale
Suburb $217,500
-9.21 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 1,013 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 1,013 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 Ray White DerbyDiscover the perfect blend of modern living and strong returns with this exceptional single-titled property featuring two spacious, self-contained units. Whether you're looking to expand your investment portfolio or secure a future home with income potential, 57 Rowan Street ticks all the boxes. Sitting on 1013sqm of land, this property is located in a rare spot that has all the amenities within walking distance including shops, schools and local cafes.
Each unit offers a light-filled open-plan layout with a contemporary kitchen flowing seamlessly into the lounge and dining areas. There are three generous bedrooms in each unit, all having built in wardrobes, ample space and natural lighting, a master bedroom complete with ensuite, ensuring comfort and privacy for residents. The interiors are well-appointed with modern finishes throughout, complemented by a private outdoor area that provides the perfect spot for relaxing or entertaining.
Both units are currently rented at $850 per week each on periodic leases, providing an impressive combined rental income of $1,700 per week. This makes the property a strong performer for investors seeking immediate returns and long-term potential. With the amazing location and age of the property, this one is sure to attract keen renters ready to move right in!
Enjoy the flexibility of owning a dual-unit, single-titled property - live in one and rent the other, or continue to benefit from the solid rental yield with minimal effort. Conveniently located close to schools, shops, public transport, and local amenities, this is a rare opportunity to secure a high-yield investment in a rare location.
This unique property at 57 Rowan Street offers two fully self-contained three-bedroom units with open-plan living, modern kitchens, and private outdoor spaces. It's ideal for investors, extended families or just someone who wants to enjoy what Derby has to offer while making a rental return!
Don't miss your chance to secure this exceptional dual-income opportunity. Enquire today to find out more about what 57 Rowan Street has to offer! Contact Jay Angwin on 0428 625 228 for a viewing today!
Listing description written by Jay Angwin, Ray White Derby — reproduced as published, not verified by Districts.