Derrimut Suburb Profile
Victoria 3026

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Derrimut has 3,622 properties. Over the last 5 years, Houses in Derrimut have seen a 24.51% increase in median value, while Units have seen a -8.44% decrease. As at 31 May 2024:

  • The median value for Houses in Derrimut is $774,366 while the median value for Units is $637,291.
  • Houses have a median rent of $550 while Units have a median rent of $398.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Derrimut on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Derrimut.

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.

Suburb Insights for DERRIMUT 3026

Market Insights

Median Value
Median Growth
Median Rent
Rental Yield
Median Value
05/2015 - 05/2024
10 years
5 years
1 year

Neighbourhood Insights

Age
Household
Occupancy
Population 8,268
0-9
 
23%
10-19
 
13%
20-29
 
12%
30-39
 
24%
40-49
 
14%
50-59
 
8%
60-69
 
4%
70-79
 
2%
80-89
 
1%

Last Updated: 03/07/2024

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.