Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $231,000 | 0.0% | $216,000 | $270,000 | 8 |
| 2010 | $290,000 | +20.3% | $235,000 | $340,000 | 8 |
| 2011 | $250,000 | -16.0% | $205,000 | $320,000 | 9 |
| 2012 | $210,000 | -19.0% | $185,000 | $525,000 | 8 |
| 2013 | $235,000 | +10.6% | $180,000 | $470,000 | 6 |
| 2014 | $225,000 | -4.4% | $208,000 | $278,000 | 5 |
| 2015 | $231,000 | +2.6% | $177,000 | $347,500 | 10 |
| 2016 | $250,100 | +7.6% | $185,000 | $465,000 | 8 |
| 2017 | $339,000 | +26.2% | $252,000 | $400,000 | 16 |
| 2018 | $385,209 | +12.0% | $315,000 | $602,000 | 14 |
| 2019 | $405,000 | +4.9% | $380,000 | $465,000 | 4 |
| 2020 | $425,000 | +4.7% | $332,000 | $675,000 | 10 |
| 2021 | $535,000 | +20.6% | $390,000 | $630,000 | 11 |
| 2022 | $600,000 | +10.8% | $505,000 | $861,500 | 5 |
| 2023 | $580,000 | -3.4% | $490,000 | $650,000 | 6 |
| 2024 | $505,000 | -14.9% | $465,500 | $640,000 | 4 |
Median Sale Price
$505K
Based on 6 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-17.8%
Current Median Price: $505,000
Previous Median Price: $595,000
Based on 13 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $310 | 0.0% | $290 | $310 | 2 |
| 2015 | $320 | +3.1% | $300 | $350 | 7 |
| 2016 | $300 | -6.7% | $195 | $380 | 11 |
| 2017 | $365 | +17.8% | $330 | $440 | 11 |
| 2018 | $375 | +2.7% | $350 | $450 | 13 |
| 2019 | $400 | +6.3% | $350 | $420 | 7 |
| 2020 | $400 | 0.0% | $350 | $490 | 12 |
| 2021 | $480 | +16.7% | $420 | $550 | 12 |
| 2022 | $530 | +9.4% | $465 | $620 | 9 |
| 2023 | $500 | -6.0% | $470 | $605 | 17 |
| 2024 | $500 | 0.0% | $500 | $600 | 3 |
Median Rent Price
$500
per week
Based on 16 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
-18.0%
Current Median Rent: $500
Previous Median Rent: $590
Based on 26 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $505,000
Current Median rent: $500
Based on 22 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Derwent Park, TAS 7009
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cosgrove High School | 286 - 294 MAIN ROADGlenorchy 7010 | Secondary | Government | 0.34 km |
| Goodwood Primary School | ELMSLEIGH ROADMoonah 7009 | Primary | Government | 0.75 km |
| Moonah Primary School | 42 DERWENT PARK ROADMOONAH 7009 | Primary | Government | 0.88 km |
| St Therese's Catholic School | 24 HOPKINS STMoonah 7009 | Primary | Catholic | 1.17 km |
| Springfield Gardens Primary School | 62 ASHBOURNE GROVEWest Moonah 7009 | Primary | Government | 1.55 km |
| Hilliard Christian School | CHEVIOT RDWest Moonah 7009 | Combined | Independent | 1.95 km |
| New Town High School | 6 MIDWOOD STREETNew Town 7008 | Secondary | Government | 2.04 km |
| Ogilvie High School | 228 NEW TOWN ROADNew Town 7008 | Secondary | Government | 2.32 km |
| Montrose Bay High School | 865 BROOKER AVENUERosetta 7010 | Secondary | Government | 2.39 km |