SOLD
Sold on 09 May 2024 for $700,000

18 Palmer Parade
Derrimut VIC 3026

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 542m2
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Property Details for 18 Palmer Pde, Derrimut

18 Palmer Pde, Derrimut is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 542m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Derrimut in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
156m2
Land Size
542m2
Local Government
Brimbank
Lot/Plan
962/PS539473

Last Listing description (June 2024)

Perfectly located close to schools, transport, parks and recreational facilities this home of four great-sized bedrooms will perfectly provide your family's needs. With WIR and ensuite to master for added convenience, central bathroom, formal lounge room, large kitchen with adjacent dining area and rumpus room. Features; alfresco, ducted heating, split system air-conditioner, dishwasher, floating floors, double garage with rear drive through and a good-sized allotment of 542 square meters.

Property History for 18 Palmer Pde, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Last Sold
$700,000
09 May 2024
Listed for Rent
$400/w
05 Nov 2020
  • 09 May 2024
    Sold for $700,000
  • 15 Mar 2024
    Listed for Sale $695,000 -$740,000
  • 18 Jun 2020
    Listed for Rent $400 / week
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. It has 15 parks covering nearly 15.8% of total area. The population of Derrimut in 2011 was 5,991 people. By 2016 the population was 8,268 showing a population growth of 38.0% in the area during that time. The predominant age group in Derrimut is 30-39 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation. In 2011, 77.3% of the homes in Derrimut were owner-occupied compared with 75.9% in 2016.

Derrimut has 3,623 properties. Over the last 5 years, Houses in Derrimut have seen a 22.07% increase in median value, while Units have seen a -1.44% decrease. As at 31 July 2024:

  • The median value for Houses in Derrimut is $772,967 while the median value for Units is $493,358.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Derrimut.

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