OFF MARKET

287 Mutual Road
Derby TAS 7264

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 241m2
Land area: 46120m2
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Property Details for 287 Mutual Rd, Derby

287 Mutual Rd, Derby is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 46120m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in July 2006.

Building Type
House
Year Built
1992
Floor Size
241m2
Land Size
46120m2
Local Government
Dorset
Lot/Plan
1/40319

Last Listing description (April 2018)

Mutual Valley here in Derby is in my opinion, one of the most beautiful spots in the North East.
Yes, I may be biased, having spent 16 years of my life growing up in the town but after watching this video I am sure you ll also feel the same way.
Derby has gone from a tin mining town in a former life, to a mountain biker s paradise, with arguably the some of the best trails in the world and plans for new networks all the way through to Tasmania s East Coast. This could be a wonderful opportunity to take advantage of the huge growth the town has seen in recent years.

The property itself has a small residence is homely and has a warm, rustic feel, with timber featuring throughout. With a spacious & sunny lounge area which flows into the open plan kitchen/dining. Two bedrooms, a study & bathroom are all found off the hallway. Veranda s are found at the front and back of the home.
The land and idyllic surroundings is what makes this property so captivating. Positioned on approximately 4.612 hectares comprising of both pasture and bush. The valley itself is stunning. The Ringarooma River is an ideal place to cool off in summer, while the main creek (which almost borders the property to the East) is known for its gemstone fossicking and prospecting.
What a wonderful opportunity to further develop, with a cabin or lodge type setup catering for the growing tourism that Blue Derby Mountain bike trails have brought to the area. Subject to council approval of course.
Derby is less than 3kms away, while Launceston is approximately 1 hr 15 minutes away, The Bay of Fires near St Helens is approx. 1 hour away.
Please come and explore the natural beauty of the region and base yourself in the Mutual Valley.

Property History for 287 Mutual Rd, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$30,000
26 Jul 2006
  • 27 Sep 2017
    Listed for Sale Expressions Of Interest
  • 30 Sep 2015
    Listed for Sale $569.000
  • 26 Jul 2006
    Sold for $30,000
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About Derby 7264

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:

  • The median value for Houses in Derby is $358,662 while the median value for Units is $285,778.
  • Houses have a median rent of $163.
There are currently 5 properties listed for sale, and no properties listed for rent in Derby on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Derby.

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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.