FOR SALE
Offers Above $120,000

5/11 Holman Street
Derby WA 6728

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 155m2
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An Investor's Dream!

Discover your new home in this inviting 2-bedroom, 1-bathroom unit located in a small complex in Derby. Perfectly suited for first-time buyers, downsizers, or investors, this 5/11 Holman Street offers both comfort and convenience. The property offers the flexibility of either having a beautiful first purchase or take advantage of the incredible investment opportunity. Currently leased at $400 P/W until 10/06/2025, this property will deliver you a whopping 16%+ Gross Rental Return!
The unit boasts two roomy bedrooms, each filled with ample natural light. The well-equipped bathroom is functional and clean, ideal for everyday use. The living area provides a comfortable layout, perfect for relaxing or entertaining. The kitchen features a practical layout with adequate counter space, and ample storage options, making it functional for everyday cooking needs . You'll also appreciate the outdoor area, which offers a private space for enjoying the fresh air and beautiful Derby sunsets!
Located within walking distance to local schools, shops and sporting facilities. This unit is perfect for balancing both relaxing and getting out in to the community!
Don't miss out on this fantastic opportunity to own a beautiful starter home or invest with some amazing security! Contact Jay today on 0428 625 228 to arrange a viewing and make this unit your new home.

Property Details for 5/11 Holman St, Derby

5/11 Holman St, Derby is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 155m2 and floor size of 75m2. The place is currently for sale with Ray White Derby.

Building Type
Unit
Floor Size
75m2
Land Size
155m2

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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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Jay Angwin
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Ray White Derby
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