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Investment Property Devonport, TAS, 7310

Suburb Snapshot

Devonport is a suburb in the Devonport Region of Tasmania. Devonport has a population of 13,763 people and 31.56% of its occupants live in rental accommodation. The median listing price for houses is $499,500 and this has changed 0.90% over the past year and changed 4.17% over 2 years.

The median rent in Devonport for houses is $450 per week and the median rental yield is 4.68%. Stock on the market for houses/townhouses has changed -12.93% compared to last year and the average time to sell a house/townhouse is 87 days.The median listing price for units is $389,000 and this has changed -1.52% over the past year. The average unit takes 135 days to sell and the median rent for a unit in Devonport is $350 per week, producing a rental yield of 4.67%.

Supply & Demand in Devonport, Devonport

0.49%

Current vacancy rate


35

Rental stock available


13,763

Population


31.56%

Rental population


0.45%

Current vacancy rate


58

Rental stock available


24,700

Population


28.74%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Devonport, Devonport

  House Townhouses Units
Median listing price $499,500 NA $389,000
Median price change - last quarter 0.20% NA 0.00%
Median price change - 1 year 0.90% NA -1.52%
Median price change - 2 years 4.17% NA 0.51%
  House Townhouses Units
Median weekly rent $450 NA $350
Median yield % 4.68% NA 4.67%
Median rent change - 1 year 12.50% NA 2.94%
  House Units
Previous month sales 25 6
Stock on market previous month 101 23
Stock variance vs. last year -12.93% 35.29%
Average days on market 87 135

Devonport investment property listings

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