Thinking about buying in Derri Derra? Now could not be a better time, with just 125 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $527,000 with prices in this suburb ranging from $466,000 to $1,091,000. The aproximate distance to the coast is 139 Km.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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In Derri Derra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Derri Derra is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Derri Derra leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Derri Derra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Derri Derra we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Derri Derra a better buying opportunity than it may have been in the past.
Boynewood State School
(While the above schools are located with the suburb of Derri Derra there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 4.6 | 20.6 | 33.2 | 38.6 | 85.7 | 3.3 | 24.0 |
| Feb | 4.2 | 20.2 | 31.9 | 42.7 | 89.0 | 2.8 | 21.8 |
| Mar | 2.7 | 19.0 | 31.3 | 41.8 | 88.8 | 2.8 | 19.4 |
| Apr | 1.0 | 15.4 | 28.6 | 39.6 | 90.7 | 2.0 | 18.1 |
| May | 0.8 | 10.4 | 24.8 | 38.5 | 90.7 | 1.9 | 15.1 |
| Jun | 1.4 | 9.0 | 22.8 | 41.5 | 92.4 | 1.9 | 12.7 |
| Jul | 0.6 | 7.2 | 23.1 | 35.7 | 92.1 | 1.7 | 14.5 |
| Aug | 0.3 | 7.8 | 25.5 | 27.3 | 89.0 | 2 | 17.1 |
| Sept | 0.6 | 10.6 | 28.4 | 25.9 | 90.1 | 2.3 | 22.1 |
| Oct | 1.4 | 14.4 | 30.4 | 28.0 | 87.6 | 2.7 | 24.8 |
| Nov | 1.2 | 17.4 | 32.2 | 31.9 | 89.2 | 2.8 | 25.5 |
| Dec | 4.9 | 19.5 | 32.7 | 38.1 | 89.0 | 2.8 | 26.8 |
source: Australian Government Bureau of Meteorology
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