1/2 Castro Way, Derrimut, VIC 3026 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Castro Way
Derrimut VIC 3026

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 800m2
Land area: 403m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 1/2 Castro Way, Derrimut

Building Type
Commercial
Floor Size
800m2
Land Size
403m2
Local Government
Brimbank
Lot/Plan
7/PS605806

Last Listing description (November 2024)

- Nearly new 800 sqm office warehouse situated in the highly sought after pocket of Derrimut
- Approved cinema permit and 2 level with ground floor
- 28Km from Melbourne CBD

- Easy access to Melbourne CBD and Airport via Western Ring Road
- 2 min to Derrimut Shopping Centre, Cafes and service station

Property History for 1/2 Castro Way, Derrimut, VIC 3026

A timeline of how this property has performed in the market
Listed for Rent
$1.92k/w
21 Oct 2022
  • 21 Oct 2024
    Listed for Rent $100,000 / year
  • 07 Jan 2022
    Listed for Rent $89,000 / year
  • 19 Nov 2016
    Listed for Sale Not Disclosed
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About Derrimut 3026

The size of Derrimut is approximately 12.8 square kilometres. There are 15 parks, covering nearly 15.8% of the total area. The population of Derrimut in 2016 was 8269 people. By 2021 the population was 8651 showing a population growth of 4.6% in the area during that time. The predominant age group in Derrimut is 0-9 years. Households in Derrimut are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Derrimut work in a professional occupation.In 2021, 75.90% of the homes in Derrimut were owner-occupied compared with 75.90% in 2016.

Derrimut has 3,648 properties. Over the last 5 years, Houses in Derrimut have seen a 14.43% increase in median value, while Units have seen a 8.45% increase. As at 31 May 2026:

  • The median value for Houses in Derrimut is $840,484 while the median value for Units is $529,879.
  • Houses have a median rent of $600 while Units have a median rent of $398.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Derrimut on OnTheHouse. According to Cotality's data, 117 properties were sold in the past 12 months in Derrimut.

Suburb Insights for Derrimut 3026

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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.