Derwent Park Suburb Profile
Tasmania 7009

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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.

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.

Suburb Insights for DERWENT PARK 7009

Market Insights
Derwent Park Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Derwent Park Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 644

0-9

 

15%

10-19

 

12%

20-29

 

11%

30-39

 

15%

40-49

 

11%

50-59

 

13%

60-69

 

11%

70-79

 

7%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 21/11/2024

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.