4/121 Gormanston Road

Derwent Park TAS 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.