OFF MARKET

Frederick Street
Derby TAS 7264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 48890m2
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Property Details for Lot 5 Frederick St, Derby

Building Type
Land
Land Size
48890m2
Local Government
Dorset
Lot/Plan
5/210923

Last Listing description (December 2017)

Knight Frank has the exclusive opportunity to offer for sale Lot 5 Frederick Street, Derby by Expressions of Interest closing 13 November 2017.
The property is ideally positioned in Derby, approximately a 1 hour 15 minute drive northeast of Launceston. Derby has become an appealing location for purchasers and developers after the recent development of the world-class biking trail network.
The undulating vacant block of land of approximately 4.899 hectares with extensive rocky outcrops and native regrowth vegetation. The property can be accessed via an unformed road off Bell Street, however the access road off Fredrick Street.

The property is zoned 'Environmental Living' under the Dorset Interim Planning Scheme 2013.
A magnificent natural block with spectacular views over Derby. An opportunity to develop given the continual strengthening of tourists to the area.

Property History for Lot 5 Frederick St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$121,000
11 Dec 2017
  • 11 Dec 2017
    Sold for $121,000
  • 16 Oct 2017
    Listed for Sale Expressions of Interest closing 13 November 2017
  • 03 Aug 2015
    Sold for $95,000
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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.