This title is not said lightly. If you're looking to build accommodation in Derby, jump on this. This truly is the best block we have had the opportunity to sell in Derby to date. It comes with the bonus of a house on site that has good bones and is under renovation but the block is the real prize here. Situated on a massive corner block of approximate 2780m2 you will have easy future building access (STCA), but that's just the beginning of why this is so good.
Location, location, location- this block is right on Main Street (and Renison St), just as you enter town. Visitors coming into Derby will see your accommodation property as soon as they hit town. You are on the high side of the street so you will capture river views but not be subject to potential flooding. The block is on a very gentle gradient, mostly clear except for some established trees around the house, so site preparation is minimal. You are close and a flat ride or walk to all the facilities of Derby and the main pub, and one of the shuttle companies are about 400m from you. The public playground, sports courts and river for swimming are also just a stone's throw away, putting you in good company to hit the growing family market now emerging since the pump track and soft lake trail opened.
What's more, the soil down that end of town is typically very good which makes installation of new waste water systems much easier. Let us be clear that we have not conducted any soil testing on site but previous soil tests conducted close by indicate this.
The size of Derby is approximately 78.2 square kilometres. It has 5 parks covering nearly 101.6% of total area. The population of Derby in 2011 was 207 people. By 2016 the population was 169 showing a population decline of 18.4% in the area during that time. The predominant age group in Derby is 60-69 years. Households in Derby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derby work in a managers occupation. In 2011, 80.7% of the homes in Derby were owner-occupied compared with 74.7% in 2016.
Derby has 255 properties. Over the last 5 years, Houses in Derby have seen a 64.61% increase in median value. As at 31 October 2024:
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