24 Stanley StreetDerby WA 6728
Property Details for 24 Stanley St, Derby
24 Stanley St, Derby is a 10 bedroom, 5 bathroom Townhouse with 5 parking spaces. The property has a land size of 2028m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (April 2018)
Five units for under $200,000? Yes you did read the listing correctly!
A truly outstanding opportunity awaits a savvy investor with this half acre Stanley Street property, comprising of no less than FIVE ex - GROH 2 bedroom units! The units are generally in very good condition for their age and some feature modern kitchens and tiled floors. All units have split system air conditioning to living rooms and bedrooms as well as security screens to all windows and doors.
Unit 2 is currently leased to a private tenant at a rate of $170per week. Assuming that similar rents could be achieved for the remaining 4 vacant units, this could translate to an eye popping 22% gross rent return if all units were rented simultaneously.
The units are connected to mains sewerage but are not strata titled. The current R5 zoning of the property also means that it will NOT be possible for a new owner to strata title the units, unless the property is re-zoned to R30.
For further property details or to arrange a private inspection please contact Giles Tipping on 0408 097 248 or email giles.tipping@raywhite.com.
Property History for 24 Stanley St, Derby, WA 6728
- 22 Jul 2024Sold for $80,000
- 07 Apr 2022Sold for $106,000
- 09 Mar 2018Sold for $199,000
Recent sales nearby
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0About Derby 6728
The size of Derby is approximately 162.4 square kilometres. It has 5 parks covering nearly 0.4% of total area. The population of Derby in 2016 was 3511 people. By 2021 the population was 3222 showing a population decline of 8.2% in the area during that time. The predominant age group in Derby is 20-29 years. Households in Derby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derby work in a community and personal service occupation.In 2021, 31.10% of the homes in Derby were owner-occupied compared with 27.10% in 2016.
Derby has 1,827 properties. Over the last 5 years, Houses in Derby have seen a 164.08% increase in median value, while Units have seen a -5.53% decrease. As at 31 December 2025:
- The median value for Houses in Derby is $319,650 while the median value for Units is $267,058.
- Houses have a median rent of $500 while Units have a median rent of $393.
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