OFF MARKET

50 Main Street
Derby TAS 7264

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 150m2
Land area: 971m2
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Property Details for 50 Main St, Derby

50 Main St, Derby is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 971m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1920
Floor Size
150m2
Land Size
971m2
Local Government
Dorset
Lot/Plan
8/232803

Last Listing description (November 2023)

Located in the heart of Derby, 50 Main Street is an unmistakable landmark, affectionately known as 'The Lazy Queen', thanks to its iconic topiary hedge.

This versatile house offers an irresistible combination of old-world charm and modern comfort with its Tasmanian oak floorboards, large windows, and high ceilings.

The three sunny elevated decks of the property provide stunning views of Derby's lake, featuring the famous floating sauna, green slopes and world-renowned mountain bike trails. The larger deck previously used for glamping boasts an outdoor kitchen, shower, bath tub and "fun dunny".

The property includes multiple bathrooms, kitchens, and sitting areas, making it a perfect fit for small and large groups. The house can be segregated into two independently functioning units and comfortably accommodate 6 to 8 people.

With riders in mind, this property has been purposefully rejuvenated, and special attention has been paid to create an excellent bike storage/workshop space with an adjoining deck.

Updated with modern heating elements, wiring, and plumbing, this property is an ideal investment opportunity in a hotspot for growth and short-term accommodation.

Overall, 50 Main Street offers the perfect blend of historic charm, modern convenience, and unbeatable location. It's the ideal home base for anyone looking to make the most of everything Derby has to offer.

Property History for 50 Main St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$537,000
28 Mar 2021
  • 05 May 2023
    Listed for Sale Offers Over $849,000
  • 28 Mar 2021
    Sold for $537,000
  • 29 Jan 2021
    Listed for Sale $495,000-$570,000
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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.

Suburb Insights for Derby 7264

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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.