Market snapshot

Suburb insights for Derrimut3026

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Derrimut, approximately 17 km west of Melbourne, is a modern suburb experiencing rapid development. Once an industrial area, it is now home to contemporary housing estates, business parks, and expansive open spaces, including Balmoral Park and the Derrimut Heath precinct. With strong road connectivity, proximity to Deer Park Station, and expanding retail options, Derrimut attracts young families, professionals, and investors looking for growth potential.

Sales data

Median sale price
$823k
Quarterly price change
-0.8%
Metro Melbourne Comparison
$974k
1.8%
BedroomsDerrimutMetro comparison
2-$940,000
3$670,000$851,000
4$835,000$970,000
InsightDerrimutMetro comparison
Clearance rate77.8%
Days on market27.536

Rental data

Median weekly rent
$585
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.2%
BedroomsDerrimutMetro comparison
2-$585
3$550$550
4$600$600
Median data for the current quarter

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