51 Main Street, Derby, TAS 7264 | Property Value & History | OnTheHouse
OFF MARKET

51 Main Street
Derby TAS 7264

Bedrooms: 5
Bathrooms: 1
Car spaces: 1
Floor area: 250m2
Land area: 1021m2
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Property Details for 51 Main St, Derby

51 Main St, Derby is a 5 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 1021m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1900
Floor Size
250m2
Land Size
1021m2
Local Government
Dorset
Lot/Plan
1/204737

Last Listing description (September 2019)

You can BANK on this property returning a sound investment for you! Operating as the National Bank and then Westpac back right through to 1991, this is probably the most photographed building in Derby, due to its gorgeous ornate fa ade. Any day of the week you will see tourists stopped out the front taking photographs of this charming and historic building. Such is its fame, it even has its own Facebook page!
This versatile property features five large bedrooms, one and a half bathrooms, PLUS a Main Street retail space; previously the bank. This gorgeous space still has the original bank counter, stunning timber vaulted ceilings and is ready for a new lease of life. Zoned Village you are limited only by your imagination here so you could potentially fling open its doors and operate as a shop, restaurant, bakery, tour base, or just make the property 6 bedrooms (all STCA).
In the garden is a second structure (a shed) which has power connected and windows, and would lend itself to further accommodation conversion (STCA). A second garden shed will accommodate bikes.

The residence is packed with character features, tall ceilings, stunning fireplaces, a sweeping staircase and exposed brickwork and stone work. The property comes complete with the old safe and change drawers... how's that for history? Only just completely stripped back and repainted in its traditional heritage colours, the old girl is in tip top shape.
Sitting on of 1012m2 of land made up of sprawling private gardens and an orchard of various fruit trees you have all the convenience of Main Street hustle and bustle combined with the most surprising sanctuary in Derby.
Derby is home to the Blue Derby Trails which is widely recognised as Australia's mountain biking capital, confirmed by the returning Enduro World Series (EWS) to be held next month.
Derby is 34 km from Scottsdale and 95 km to Launceston. According to local Council (Dorset) who track visitor numbers, 30,000 visitors rode the trails last year and approximately 50,000 are expected this year. Tourism is booming in NE Tasmania with Internationally ranked Barnbougle and Lost Farm Golf courses, wineries and of course MTB trails on our doorstep.
Retail space is as rare as hen's teeth in Derby and of course there is only one Derby Bank. As always in Derby, first in best dressed.

Property History for 51 Main St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$490,000
31 Aug 2019
  • 31 Aug 2019
    Sold for $490,000
  • 25 Feb 2019
    Listed for Sale Offers over $549,000
  • 08 Aug 2011
    Sold for $250,000
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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 1 property listed for rent in Derby on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Derby.

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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.