31 Banks Road, Derby, TAS 7264 | Property Value & History | OnTheHouse
OFF MARKET

31 Banks Road
Derby TAS 7264

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 130m2
Land area: 341400m2
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Property Details for 31 Banks Rd, Derby

31 Banks Rd, Derby is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 341400m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1985
Floor Size
130m2
Land Size
341400m2
Local Government
Dorset
Lot/Plan
1/210099

Last Listing description (December 2020)

Dreaming of going Off Grid? No power bills, a bit of land to grow your own veggies and have some chooks and a goat? But how do you find the perfect house that is remote enough to give you Off Grid living but still able to give you access to income potential and community contact? THIS IS IT!Located just outside (4km) the thriving Mountain Biking tourism town of Derby Tasmania, this 4 bedroom timber/ mud brick/concrete home sits on 84 acres of unspoilt natural land in the gorgeous Mutual Valley. The property features abundant natural wildlife, natural forest and even a resident eagle! The kitchen is full of rustic charm with slab timber benchtops, loads of open shelving for all your home made preserves and comes with a gas oven and new gas fridge. The dining room flows through to the extra-large living room which is heated by a Saxon free-standing wood heater. A combination of elegant new carpet and timber floors run through the home and the gorgeous timber beams and exposed mud brick provide earthy character.The bathroom features a shower, vanity and toilet with natural slate tiling and your piping hot water comes from your spring fed dam and is heated by a brand-new Rinnai gas hot water system.Outside there is a chook run, timber wood storage/ machinery shed and a mud brick building which is perfect for conversion to further accommodation (STCA)With satellite internet you are still connected to the outside world and your 2kw diesel generator will keep you backed up power wise over and above your 6 x 175kw solar system or be there for any heavy use requirements.Derby is 34 Km from Scottsdale and 95 km to Launceston. Tourism is booming in NE Tasmania with Internationally ranked Barnbougle and Lost Farm Golf Courses, Wineries and of course MTB trails on our doorstep.Cash in your city lifestyle, go Off Grid, make life simple, be the envy of your friends and family! Make the call.

Property History for 31 Banks Rd, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$509,000
09 Sep 2020
  • 09 Sep 2020
    Sold for $509,000
  • 27 Aug 2020
    Listed for Sale $480,000 - $520,000
  • 23 Oct 2018
    Sold for $420,000
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About Derby 7264

The size of Derby is approximately 78.2 square kilometres. It has 5 parks covering nearly 101.6% of total area. The population of Derby in 2016 was 173 people. By 2021 the population was 109 showing a population decline of 37.0% in the area during that time. The predominant age group in Derby is 60-69 years. Households in Derby are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Derby work in a labourer occupation.In 2021, 78.00% of the homes in Derby were owner-occupied compared with 74.70% in 2016.

Derby has 253 properties. Over the last 5 years, Houses in Derby have seen a 65.97% increase in median value. As at 30 November 2025:

  • The median value for Houses in Derby is $424,128 while the median value for Units is $701,741.
There are currently 7 properties listed for sale, and no properties listed for rent in Derby on OnTheHouse. According to Cotality's data, 8 properties were sold in the past 12 months in Derby.

Suburb Insights for Derby 7264

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.