Market Update

February saw the overall Derby vacancy rate slightly increase although as the below graph shows still well in front of previous years. At the time of writing there were only 23 properties for lease in Derby which continues to be well below previous years.

In regards to currently advertised properties we have seen a relatively even spread in configurations with the only noticeable change being an increase in the number of 3 bedroom homes currently advertised.

Number of BedroomsNumber of Rentals


Number of Rentals


Overall Price RangeAverage Price Range
255$220 – $350$270 – $350
31513$260 – $350$260 – $325
434$300 – $450$390 – $400

If you have any questions on the current rental market, or if we can assist you with any of your real estate needs, please feel free to contact the team at Ray White Derby today on 9191 2900.