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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
There were 6 house sales in the past 12 months.
If you're thinking about buying an investment property in Derwent Park, consider that rental yields for houses are currently 5.18 with an average median rent of 495 weekly.
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.
There were 2 unit sales in the past 12 months.
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.
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| Key Market Data | House | Unit |
| Median price | – | – |
| Quarterly growth | – | – |
| 12-month growth | – | – |
| Average annual growth | – | – |
| Weekly median rent | 495 | – |
| Gross rental yield | 5.18 | 4.95 |
| Number of Sales (12m) | 6 | 2 |
| Avg. Days on Market (12m) | – | – |
| Key Demographics | 2011 | 2016 |
| Total population | 619 | 644 |
| Population change (5y) | -16.69 | +4.00 |
| Median household income (p/w) | 780 | 929 |
| Household income change (5y) | +6.27 | +19.10 |
| Median age of persons | 35 | 37 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Derwent Park was 644 in 2016, a +4.00 change compared to 2011.
The predominant age group in Derwent Park is 30-39 years.
The population of Derwent Park was 644 in 2016, a +4.00 change compared to 2011.
The predominant age group in Derwent Park is 30-39 years.
Most of the population in Derwent Park were born in Australia.
Most of the population in Derwent Park were born in Australia.
Most of the population in Derwent Park report their religion as No Religion.
Most of the population in Derwent Park report their religion as No Religion.
Most of the population in Derwent Park report their income range as between 15,000 and 33,000 .
The median household income in Derwent Park was 929 in 2016, a +19.10 change compared to 2011.
Most of the population in Derwent Park report their income range as between 15,000 and 31,000 .
The median household income in Derwent Park was 780 in 2011, a +6.27 change compared to 2006.
Most of the population in Derwent Park work as Community and Personal Service.
Most of the population in Derwent Park work as Trades.
The chart below demonstrates the various levels of education in Derwent Park.
The chart below demonstrates the various levels of education in Derwent Park.
Most of the population in Derwent Park reached a qualification level of Certificate.
Most of the population in Derwent Park reached a qualification level of Certificate.
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