Located in Western Australia within the Derby-West Kimberley local government area, Derby is a smaller suburb (postcode 6728). The area has roughly 3,222 residents and a blend of families and working-age professionals, with a median age of 35. Households earn a median income of $89K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Aboriginal Australian, Australian, English.
Median house prices in Derby stand at $390,000, having climbed sharply by 35.7% over the last twelve months. Units have a median price of $225,000 (-8.2% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 7.3%. The median monthly mortgage repayment is $1,638.
Derby is served by 5 schools, including 2 primary, 3 combined. The average ICSEA score is 793, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital.
Looking at the investment signals, The gross rental yield works out to roughly 7.3%, which reads as high yield. Property prices sit below the state median ($390K/$1.0M), which can point to relative value. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +35.7% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.