Derrimut rental yield sits at approximately 2.6% gross based on a median weekly rent of $400 and a median house sale price of $807,000 recorded in the April to June 2025 quarter. For investors weighing up western Melbourne suburbs, that headline figure is the starting point — but the full picture requires understanding what drives rents, what costs eat into returns, and where the suburb is heading.

What Is the Rental Yield in Derrimut Right Now?

Working from first-party data held in the Collings CRM dataset, sourced via DataVic and REIV figures, the current median house sale price in Derrimut is $807,000 (April to June 2025 quarter). That price moved +7.6% quarter-on-quarter and sits just +0.2% above its level from twelve months earlier, indicating a market that surged sharply in one quarter after an extended period of consolidation.

The median weekly rent recorded in the ABS Census 2021 dataset is $400 per week. Applying that figure to the current median price produces the following yield calculations:

• Gross annual rent: $400 x 52 = $20,800
• Gross rental yield: $20,800 / $807,000 = 2.58%
• Estimated net yield (after typical outgoings of rates, insurance, property management, and maintenance averaging 25 to 30% of gross rent): approximately 1.8% to 1.95%

It is worth noting that median rent data from the ABS Census captures a point-in-time snapshot. Weekly rents across Melbourne’s western corridor have risen materially since 2021. According to SQM Research’s 2025 vacancy and rent tracking, rents in comparable western suburbs have increased between 15% and 22% over that period. If Derrimut rents have moved in line with that range, current weekly rents may sit closer to $460 to $488 per week, which would push the gross yield toward 2.96% to 3.14%. Investors should obtain current rental appraisals from a local property manager before modelling returns.

How Does Gross Yield Differ from Net Yield?

Gross yield is calculated before deducting any ownership costs. Net yield — the figure that actually lands in an investor’s pocket — accounts for council rates, water rates, landlord insurance, property management fees, maintenance and repairs, and vacancy periods. The Australian Taxation Office (ATO) allows investors to claim deductions on many of these costs, including loan interest, depreciation on fixtures and fittings, and property management expenses. For a $807,000 Derrimut house with a typical 80% LVR mortgage at prevailing interest rates, the after-tax cash position will vary significantly depending on the individual investor’s marginal tax rate and depreciation schedule.

What Do the Numbers Say About Derrimut as an Investment Suburb?

ABS Census 2021 data recorded Derrimut’s population at 8,651 residents, with a median age of just 32.0 years. That is a notably young demographic, skewing toward working families and dual-income households. The median household income sits at $2,272 per week — well above the national median of $1,746 per week recorded in the same Census — suggesting solid rental affordability relative to incomes.

A young, higher-earning population typically translates into strong rental demand from owner-occupiers-in-waiting: households who can afford market rents but have not yet accumulated sufficient deposit savings to purchase. For a landlord, that cohort tends to produce longer tenancies and lower vacancy risk.

Derrimut also benefits from proximity to the Western Ring Road, the Princes Freeway, and the growing employment node at Laverton North and Truganina. CoreLogic suburb data consistently flags infrastructure proximity and employment access as two of the strongest predictors of sustained rental demand. Investors who track rental yield across Melbourne’s high-performing suburbs will notice that western corridor suburbs with freeway access have held vacancy rates below 2% for most of 2024 and into 2025.

How Does Derrimut Compare to Other Melbourne Investment Suburbs?

Derrimut’s gross yield of approximately 2.6% to 3.1% is below the gross yields achievable in some inner and middle-ring Melbourne suburbs where unit stock drives higher income-to-price ratios. According to CoreLogic’s 2025 rental market data, Melbourne’s highest-yielding suburbs for houses cluster around the 3.5% to 4.5% gross range, often in outer fringe or regional fringe locations where prices are lower but rents remain firm. Derrimut sits in a mid-tier position: lower yield than deep-outer suburbs, but with stronger projected capital growth given its relative proximity (approximately 20 km from the CBD) and demographic momentum. For a broader comparison of where Derrimut sits in the Melbourne investment landscape, the Investment Properties Melbourne guide from Collings Real Estate covers high-yield units and townhouses across multiple price brackets.

What Are the Key Considerations for Investing in Derrimut Property?

Before committing to a Derrimut investment, experienced property strategists typically work through the following checklist:

1. Property type matters. Derrimut’s stock is dominated by detached houses on modest lots, many built in the 2005 to 2018 period. Townhouses and semi-detached homes, where they exist, can offer higher yields relative to price. Units remain scarce in this suburb, which limits yield uplift from the unit premium seen in inner suburbs.
2. Depreciation schedules. Properties built after 1985 are eligible for capital works deductions under Division 43 of the ITAA 1997. Given that the majority of Derrimut’s housing stock is post-2000, a quantity surveyor’s depreciation report can add meaningful after-tax value to an investment, sometimes improving effective net yield by 0.3% to 0.6% in the early years of ownership.
3. Vacancy risk. SQM Research’s most recent suburb-level data shows vacancy rates across the Brimbank and Wyndham LGA corridor running at approximately 1.2% to 1.8%, which is considered a landlord-favourable market. Vacancy below 2% generally supports rent growth and limits income gaps between tenancies.
4. Body corporate and maintenance costs. For houses in estates, owners corporation fees are common and can add $1,000 to $3,000 per year to holding costs. This should be confirmed at the due diligence stage and factored into net yield projections.
5. Interest rate sensitivity. With the RBA’s cash rate having moved significantly since 2022, investors in highly leveraged positions are more exposed to cash flow pressure at the current median price point. Those modelling at $807,000 with an 80% LVR should stress-test their cash flow at rates 0.5% and 1.0% above their current rate.

Investors who want to compare Derrimut against inner-north alternatives may find it useful to review the rental yield analysis for Northcote, where a different profile of stock (older units, Victorian terraces) produces a different yield-to-growth trade-off.

How Does Collings Real Estate Help Derrimut Investors?

Collings Real Estate has been placing investors into Melbourne property for decades, with a dedicated investment division that covers everything from initial suburb selection through to ongoing property management and portfolio review. For Derrimut and the broader western corridor, the Collings team can provide:

• Current rental appraisals based on live comparable leasing data, not Census snapshots.
• Off-market access to investment-grade stock before it hits public portals — a significant advantage in a suburb where quality listings move quickly.
• Portfolio strategy sessions that model gross and net yield, depreciation uplift, and projected capital growth over a 5 to 10-year horizon.
• Property management for investors who already own in Derrimut and want to ensure their asset is managed to maximise net income and minimise vacancy.

To access Collings’ off-market investment listings and receive suburb-specific yield data directly, investors can register through the Collings investor portal.

The Collings office is located at 230 Waterdale Road, Ivanhoe, VIC 3079. Reach the team by phone on 03 9486 2000 or by email at info@collings.com.au. To speak with a property strategist about investing in Derrimut, call or email today and reference the suburb by name so the right team member is allocated to your enquiry.

Frequently Asked Questions About Derrimut Rental Yield

What is the average rental yield in Derrimut?

Based on a median house sale price of $807,000 (April to June 2025 quarter, DataVic/REIV via Collings CRM) and a median weekly rent of $400 (ABS Census 2021), the gross rental yield in Derrimut is approximately 2.58%. If current rents have grown in line with western Melbourne trends, the yield may sit between 2.96% and 3.14% on updated rent figures.

Is Derrimut a good suburb to invest in?

Derrimut offers a young demographic (median age 32), above-average household incomes ($2,272 per week, ABS Census 2021), strong freeway access, and a tight rental market with vacancy rates below 2% across the corridor. These fundamentals support rental demand, though yields are moderate relative to outer suburbs. Capital growth potential is a key part of the investment case.

What is the median house price in Derrimut?

The median house sale price in Derrimut is $807,000, recorded in the April to June 2025 quarter according to DataVic and REIV data held in the Collings CRM dataset. That represents a quarter-on-quarter increase of 7.6% and a year-on-year increase of 0.2%.

How do I calculate net rental yield for a Derrimut property?

Start with gross annual rent (weekly rent x 52), then subtract annual holding costs including council rates, water, landlord insurance, property management fees, maintenance, and vacancy allowance. Divide the net figure by the purchase price. For most Derrimut houses, typical outgoings reduce gross yield by 0.6% to 0.8%, producing a net yield in the range of 1.8% to 2.3% at current price and rent levels.

Can I find off-market investment properties in Derrimut through Collings?

Yes. Collings Real Estate maintains an investor portal that provides access to off-market and pre-market listings across Melbourne’s western corridor and beyond. Investors can register at collings.com.au/portal or call 03 9486 2000 to speak with a property strategist directly.

Ready to explore your options in Derrimut? Talk to a Collings property strategist today. Call 03 9486 2000, email info@collings.com.au, or register through the Collings investor portal to access current listings and suburb-specific yield data.