Market snapshot
Suburb insights for Derrimut3026
Change suburbDerrimut, 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
$892k
Quarterly price change
10.3%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Derrimut | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $700,250 | $863,000 |
| 4 | $852,111 | $980,500 |
| Insight | Derrimut | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 24 | 37 |
Rental data
Median weekly rent
$590
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Derrimut | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $550 | $550 |
| 4 | $600 | $595 |
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