|Population||208 (2011 census)|
|• Density||2.69/km2 (7.0/sq mi)|
|Elevation||164 m (538 ft)|
|Area||77.7 km2 (30.0 sq mi)|
The area had been surveyed in 1855, but was not settled until 1874, when George Renison Bell discovered tin in the area. The Krushka brothers discovered a large lode of tin, and set up a mine (named The Brothers Mine) in the area, assuring the town's economic future. The town was originally known as Brother's Home until renamed Derby (believed to be after Edward Smith-Stanley, 14th Earl of Derby the Prime Minister of the United Kingdom).
Brother's Home Post Office opened on 1 August 1882 and was renamed Derby in 1885.
Derby reached its peak in the late 19th century, when its population reached over 3,000, and the Brothers Mine (renamed the Briseis Mine after the winner of the 1876 Melbourne Cup) was producing upwards of 120 tonnes of tin per month.
On 4 April 1929, the Briseis Dam used by the mine burst after heavy rains and the Cascade River flooded the town, killing 14 people. The mine was closed, but re-opened five years later although it never reached the same level of output as it had in the last century and closed in 1948.
Derby was served by a branch railway line which extended from Launceston to Herrick, 4 kilometres (2.4 mi) short of Moorina. The line through Derby station opened on 15 March 1919 and ran through the hills 2 km (1.2 mi) from the town. The railway closed in April 1992.
In 2015 a network of Mountain Bike trails (MTB) opened in the wooded hills surrounding Derby. The trails are called Blue Derby and stretch out to the Blue Tier area. MTB tourism has reinvigorated the town and region and there have been several MTB events. In April 2017, Derby will host a round of the Enduro World Series, a premier MTB race. It will be the first time that Australia has hosted a round of the EWS.
Also in 2015 Echelon marketing proposed to the government to construct a worlds first mountain bike accommodation experience Blue Derby Pods Ride Environment Minister Matthew Groom has given the project the go, after it was submitted under the government’s expression of interest process for developments in national parks and the Tasmanian Wilderness World Heritage Area. It is said to be bringing 16 jobs to the community and will heavily feature Tasmanian Food and Wine.
- Australian Bureau of Statistics (31 October 2012). "Derby (State Suburb)". 2011 Census QuickStats. Retrieved 2012-11-13.
- Macquarie Dictionary, Fourth Edition (2005). Melbourne, The Macquarie Library Pty Ltd. ISBN 1-876429-14-3
- Derby, The Age, 8 February 2004.
- Premier Postal History. "Post Office List". Premier Postal Auctions. Retrieved 16 June 2012.
- The North-eastern Line of the Tasmanian Government Railways Stokes, H.J.W. Australian Railway Historical Society Bulletin, March–April 1997, pp 67-77; 107-121.
- CARUANA, PATRICK. "Mountain bike experience approved". Examiner. Examiner. Retrieved 17/11/16. Check date values in: