FOR SALE
$1,300,000

31 Fitzroy Street
Derby WA 6728

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 4ha
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Unleash the Potential!

Discover an incredible opportunity with this expansive property, boasting a generous land holding of 40,700 m². Under the Shire's development guideline structure plan, this lot offers the exciting possibility to be subdivided into 33 individual residential lots and 33 group dwelling lots. (STSA)
The property currently features a beautifully established 4-bedroom, 2-bathroom home, showcasing elegant timber flooring throughout. Designed with modern living in mind, the home includes bright, contemporary features and split air conditioning for year-round comfort. Enjoy multiple outdoor zones that offer tranquility and the perfect setting for relaxation or entertaining, all centered around a stunning below-ground pool.
Additionally, the property includes a completely private 2-bedroom, 1-bathroom self-contained apartment, separate from the main dwelling. This apartment offers flexibility as an income-generating rental, a parent's retreat, or a guest house. The established homestead and 2 Bedroom apartment, which could be subdivided off and either retained or sold, holds a conservative estimated value of $650,000.
Whether you choose to develop, retain the existing structures, or simply enjoy the semi-rural lifestyle close to town, this property offers endless possibilities. Don't miss out on this on,.
Call now, Pete Burns 0407911696 - Hutchinson Real Estate.

Property Details for 31 Fitzroy St, Derby

31 Fitzroy St, Derby is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 4ha. The place is currently for sale with Hutchinson Real Estate.

Building Type
House
Land Size
4ha

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About Derby 6728

The size of Derby is approximately 162.4 square kilometres. It has 5 parks covering nearly 0.4% of total area. The population of Derby in 2011 was 4,865 people. By 2016 the population was 3,523 showing a population decline of 27.6% in the area during that time. The predominant age group in Derby is 0-9 years. Households in Derby are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Derby work in a professional occupation. In 2011, 36.1% of the homes in Derby were owner-occupied compared with 27.1% in 2016.

Derby has 1,829 properties. Over the last 5 years, Houses in Derby have seen a 13.30% increase in median value, while Units have seen a 132.54% increase. As at 31 October 2024:

  • The median value for Houses in Derby is $224,676 while the median value for Units is $271,432.
  • Houses have a median rent of $420 while Units have a median rent of $410.
There are currently 27 properties listed for sale, and 4 properties listed for rent in Derby on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Derby.

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Peter Burns
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