OFF MARKET

4/120 Gormanston Road
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 204m2
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Property Details for 4/120 Gormanston Rd, Derwent Park

Building Type
Commercial
Floor Size
204m2
Local Government
Glenorchy

Last Listing description (September 2023)

This rare and unique multipurpose warehouse opportunity currently available in Derwent Park's industrial area. Features include;

- Ideal mechanical/trade workshop or distribution
- Onsite car parking

- Small office & amenities
- One of four in complex
- Available 1 July 2023.

Property History for 4/120 Gormanston Rd, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Listed for Rent
$30k/w
21 Jun 2023
  • 21 Jun 2023
    Listed for Rent - Price not available
  • 02 May 2016
    Listed for Rent $19,500 / year
  • 15 Feb 2016
    Listed for Rent $19,500 / year
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About Derwent Park 7009

The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Derwent Park in 2011 was 619 people. By 2016 the population was 644 showing a population growth of 4.0% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation. In 2011, 54.6% of the homes in Derwent Park were owner-occupied compared with 60.1% in 2016.

Derwent Park has 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 38.26% increase in median value, while Units have seen a 49.48% increase. As at 31 October 2024:

  • The median value for Houses in Derwent Park is $530,691 while the median value for Units is $491,659.
  • Houses have a median rent of $500.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Derwent park on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Derwent park.

Suburb Insights for Derwent Park 7009

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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.