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Back 121 Derry Ave
Off Market

121 Derry Ave

Mount Nasura WA 6112

3
1
2
2028 m²
House
Ben MathewsBen Mathews, last sold this property on 11 February 2026 after 18 days on market.

Overview

2,028SQM OF POSSIBILITIES - BRING YOUR VISION TO

UNDER OFFER - HOME OPEN CANCELLED The Mathews Team presents 121 Derry Avenue, Mount Nasura to the market - an exceptional development opportunity. Set on a massive 2,028sqm block and zoned R15/25, this property offers outstanding flexibility and multiple future options. Currently positioned on the land is a solid, well built 1950s 3 bedroom, 1 bathroom home, providing both immediate usability and long term potential. Whether you choose to demolish and create a multi lot development (subject to approvals), or retain the existing home and enjoy a large parcel of land in a tightly held foothills location, the options here are hard to ignore. Let's dive into the details. THE HOUSE The home is a well constructed 3x1 featuring a large living area, with the dining and kitchen spaces flowing seamlessly. All three bedrooms are generously sized and well presented, while the bathroom and laundry are neat, tidy, and functional. An added bonus is the quality undercroft garage, ideal for vehicle storage, a workshop, or those who enjoy tinkering. THE BLOCK & SUBDIVISION POTENTIAL This is where the true value lies. With R15/25 zoning and a generous 2,028sqm landholding, there is potential to create up to approximately five to six lots if the home is demolished, subject to council and WAPC approvals. Multiple subdivision scenarios are possible, and we have included concept overlays within the advertisement to assist with visualising the potential. All development outcomes are subject to relevant approvals, and we recommend contacting the City of Armadale Planning Department on 9394 5000 for further guidance. LEASE AGREEMENT IN PLACE The property is currently tenanted under a formal fixed term lease, expiring on 14/08/2026, with a rental return of $575 per week. LOCATION Positioned on the sought after foothills stretch of Derry Avenue, this Mount Nasura address offers a peaceful setting away from the hustle and bustle, while remaining conveniently close to local amenities. Be sure to check out the drone photos to appreciate the surrounding area. WHAT'S NEXT? Attend the upcoming advertised home open, or feel free to contact The Mathews Team directly for further information or to discuss the opportunity in more detail. DISCLAIMER: This document has been prepared for advertising and marketing purposes only. Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy and accept no responsibility for the results of any actions taken, or reliance placed upon this document and interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained are not intended to form part of any contract. Property Code: 4925

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
2028 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Nasura over the last 12 months, the estimated median property value of 121 Derry Ave is $762.5k.

Median value
$762.5k
Estimated value range
$520k - $980k
Median days on market
12
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Nasura. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Derry Ave

2026
Sold
11 Feb 2026 by Ben Mathews, of Rodway Group
2025
Rented
Undisclosed
Leased on 19 Aug 2025 by Professionals Armadale Real Estate
2025
Rented
Undisclosed
Leased on 17 Aug 2025 by Professionals Armadale Real Estate

Happy sellers in Mount Nasura

82%
82% of sellers in Mount Nasura reported that their sale price either exceeded or met their price expectations.

Mount Nasura stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Mount Nasura over the last 12 months.

Local market activity for 3 bedroom houses in Mount Nasura

In the last 12 months, 28 three-bedroom houses similar to 121 Derry Ave, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Nasura

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Mark Grogan

Sellers who recommend Mark Grogan have praised them for being local expert, clear communication, supportive, honest, friendly, responsive and reliable

  •   5   (436 reviews)
  •  5 Reviews in Mount Nasura
  •  9 Sales in Mount Nasura
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Brendan Leahy

Sellers who recommend Brendan Leahy have praised them for being local expert, clear communication, honest, responsive, supportive, friendly and well-prepared

  •   4.9   (365 reviews)
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  •  3 Sales in Mount Nasura
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Karan Sharma

Karan Sharma is a recommended agent for Mount Nasura.  They have collected 4 local reviews across the last 12 months.

  •   5   (25 reviews)
  •  4 Reviews in Mount Nasura
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Travis Grogan

Sellers who recommend Travis Grogan have praised them for being local expert, clear communication, responsive, friendly, supportive, honest and stress-free process

  •   5   (401 reviews)
  •  1 Review in Mount Nasura
  •  2 Sales in Mount Nasura
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