60 Clarendon Street, Derby WA 6728
60 Clarendon Street, Derby WA 6728
Town-centre mixed-use parcel | 2,020 m² land with 303 m² building | Heritage overlay, no flood or bushfire risk | Suits owner-occupier or investor seeking flexibility
This property stands out for its unusually large land component relative to its modest two-bedroom house, placing it closer to a development-style holding than a standard family home. The central Derby location, combined with the heritage overlay and mixed-use character of the surrounding strip, gives it a distinct identity that appeals most to buyers wanting a town-base with room to manoeuvre—whether for extended family, home-based business, or future reconfiguration. The low 15% building coverage means substantial open land remains, which is rare in a CBD-fronted position. For an owner-occupier, the appeal is the combination of a manageable house footprint and a commanding site; for an investor, the flexibility of use and scarcity of central stock are the primary draws.
The heritage overlay may limit how far the property can be altered or extended, which could narrow the buyer pool and temper bidding enthusiasm. Conversely, the absence of flood and bushfire overlays on a large central lot is a genuine advantage in this region, and the existing NBN and mobile connectivity support both residential and light commercial use. The property’s value may be more influenced by its land-to-building ratio and town-centre position than by the current house condition, so a buyer should weigh redevelopment potential against preservation constraints when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Clarendon Street, Derby WA 6728
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Driven by a highly specialized local economy, Derby provides unique regional infrastructure tailored to corporate workforces, essential workers, and yield-focused investors. The market has recently seen intense localized demand, offering exceptionally high rental yields and robust transactional velocity driven by broader resource sector activity. Although yields are incredibly attractive, prospective investors should watch out for sudden shifts in corporate housing policies which can rapidly impact local rental demand.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 28 Clarendon Street sold around $550,000; 90 Clarendon Street sold near $950,000 | Property Price Band: $550,000–$650,000 | Value Drivers: land size, central mixed-use zoning, heritage character
Bedrooms
2
Bathroom
1
Parking
-
Land
2025m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!