FOR SALE
Under Contract - Team Nick & Steve

21 Fernhurst Avenue
Derrimut VIC 3026

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Under Contract - Team Nick & Steve

Right in the heart of the action, literally steps from all the suburbs amenities sits this recently updated gem. The home boasts 3 spacious bedrooms, the master featuring a WIR and ensuite with the additional bedrooms serviced by a large main bathroom. A lovely open plan design incorporates the kitchen and expansive dining and living space which in turn spills out to the alfresco area and low maintenance rear gardens. Completing the home is a great sized laundry with direct access to outside and double remote garage with internal and bonus rear roller door access to the rear yard. Additional features include high ceilings, ducted heating, cooling, alarm, stainless steel appliances, downlights, venetian blinds and most importantly a super attractive and affordable price guide. With the Melbourne market currently undervalued, rents skyrocketing, building approvals and completions well below what is needed, the states projected population increases and rates to surely enter their cutting cycle shortly, all the drivers are in place for this property to reward and catapult you financially in the coming years. The perfect entry level opportunity a first home buyer, downsizer or shrewd purchase for a savvy investors awaits.
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Property Details for 21 Fernhurst Ave, Derrimut

21 Fernhurst Ave, Derrimut is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Harcourts West Realty.

Building Type
House

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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,613 properties. Over the last 5 years, Houses in Derrimut have seen a 15.51% increase in median value, while Units have seen a -1.27% decrease. As at 31 October 2024:

  • The median value for Houses in Derrimut is $774,010 while the median value for Units is $486,708.
  • Houses have a median rent of $560 while Units have a median rent of $398.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Derrimut.

Suburb Insights for Derrimut 3026

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Nick Makroglou
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Steve Jusup
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Harcourts West Realty
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.