Derby, a charming small town located in Tasmania, is renowned for its rich history and stunning natural surroundings. Situated close to the breathtaking Blue Tier mountains and the scenic East Coast, Derby is ideal for those seeking a tranquil lifestyle while being part of a close-knit community. This article explores the best residential areas in Derby, showcasing their unique characteristics, housing options, and average prices.
Table of Contents
Main Street Area

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The Main Street Area serves as the bustling heart of Derby, featuring a blend of historic charm and modern convenience. Residents here enjoy easy access to local shops, cafes, and essential services, making it an ideal location for families and young professionals alike.
Characteristics of the Main Street Area
* Culture: Rich history, local art galleries, and community events
* Transportation: Well-connected by local buses; walking paths available
* Services: Grocery stores, doctor’s surgery, pharmacies, and cafes
* Environment: Vibrant, friendly, and community-oriented
Housing Options in the Main Street Area
Cottages, Single-family homes, Townhouses
Average Home Prices in the Main Street Area
* Buying: $300,000 – $450,000
* Renting: $1,200 – $1,600/month
Derby Hill

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Derby Hill offers stunning views and spacious properties, making it a perfect choice for those seeking a relaxed lifestyle amidst nature. The area is known for its charming homes and the local wildlife that frequent the area, adding to its appeal for nature lovers.
Characteristics of the Derby Hill
* Culture: Nature-centric, outdoor activities like hiking and mountain biking
* Transportation: Car recommended; limited public transport options
* Services: Basic amenities are available, with more extensive services found in the town centre
* Environment: Quiet, serene, and surrounded by nature
Housing Options in the Derby Hill
Single-family homes, Acreage properties
Average Home Prices in the Derby Hill
* Buying: $350,000 – $500,000
* Renting: $1,000 – $1,400/month
Iron Mine Road

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Located a short distance from the town centre, Iron Mine Road offers a unique blend of tranquility and convenience. This suburb is popular among families and individuals seeking a peaceful lifestyle away from the hustle and bustle of Main Street.
Characteristics of the Iron Mine Road
* Culture: Community spirit, frequent local events, and farmers' markets
* Transportation: Primarily car-dependent, with some bike-friendly paths
* Services: Proximity to schools, parks, and community facilities
* Environment: Family-friendly and welcoming
Housing Options in the Iron Mine Road
Modern homes, Duplexes, Townhouses
Average Home Prices in the Iron Mine Road
* Buying: $320,000 – $480,000
* Renting: $1,100 – $1,500/month
Back Road Area

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The Back Road Area is characterised by its spacious lots and relatively low-density living. It is perfect for those looking for larger properties, potentially suitable for hobby farming or simply enjoying the ample space.
Characteristics of the Back Road Area
* Culture: Rural lifestyle, gardening, and small-scale farming
* Transportation: Car essential, with scenic drives leading to major roads
* Services: Limited local amenities; larger facilities accessed in Derby
* Environment: Peaceful, spacious, and rural
Housing Options in the Back Road Area
Acreage homes, Farms, Eco-friendly cottages
Average Home Prices in the Back Road Area
* Buying: $400,000 – $600,000
* Renting: $1,200 – $1,700/month
Tassie Trails

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Named for the plethora of walking and biking trails that meander through the area, Tassie Trails is an outdoor enthusiast's paradise. Residents here appreciate the close proximity to nature while enjoying suburban conveniences.
Characteristics of the Tassie Trails
* Culture: Outdoor lifestyle, strong community engagement through activities
* Transportation: Well-connected to walking trails; car necessary for longer commutes
* Services: Local parks and recreational facilities
* Environment: Active, healthy, and community-focused
Housing Options in the Tassie Trails
New developments, Family homes, Modern flats
Average Home Prices in the Tassie Trails
* Buying: $350,000 – $500,000
* Renting: $1,100 – $1,600/month
East Derby

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East Derby is known for its close-knit community atmosphere and is very popular among families. With parks and schools nearby, it is also one of the greener suburbs, which makes it ideal for outdoor activities.
Characteristics of the East Derby
* Culture: Family-oriented, community events fostering social interaction
* Transportation: Local bus services and bike paths available
* Services: Several schools and childcare facilities, grocery stores
* Environment: Family-friendly, lively, and welcoming
Housing Options in the East Derby
Traditional homes, Modern townhouses, Investment properties
Average Home Prices in the East Derby
* Buying: $300,000 – $450,000
* Renting: $1,200 – $1,600/month
Frequently Asked Questions About the Best Residential Areas in Derby:
The best residential areas in Derby include Main Street Area, Derby Hill, Iron Mine Road, Back Road Area, Tassie Trails, and East Derby.
East Derby is particularly known for its family-friendly atmosphere, with access to parks and schools.
Average property prices in Derby range from $300,000 to $600,000, depending on the suburb and type of property.
Main Street Area provides the most amenities, including grocery stores, cafes, and healthcare services.
Yes, there are local bus services, but owning a car is more convenient for traveling in and around Derby.
Derby boasts a friendly and close-knit community, with numerous local events and activities encouraging social interaction.
The average rental price in Derby typically ranges from $1,100 to $1,700 per month.
Yes, some areas like Back Road offer eco-friendly properties designed for sustainability.
Housing options include single-family homes, townhouses, flats, and larger acreage properties in more rural settings.
Consider factors such as proximity to services, community feel, property size, and access to outdoor activities.
Conclusion on the Best Residential Areas in Derby:
Derby is an ideal location for those seeking a blend of nature, community, and convenience. With its variety of residential areas, from the vibrant Main Street to the serene Derby Hill, there's something for everyone. Whether you're a family looking for spacious homes and good schools, a professional searching for a vibrant community, or a nature enthusiast eager for tranquility, Derby stands out as an attractive option. The real estate market is diverse, with opportunities for both buyers and renters. Regardless of your lifestyle preferences, Derby promises a fulfilling living experience in a picturesque setting.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.