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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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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

Showing 2 of 2 investment properties found in Devonport on realestateinvestar.com.au

1/18 Nicholls St, Devonport

$525,000

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Buy today, Plan for Tomorrow - 3 Bed Unit

Positioned in one of Devonport's most desirable pockets, this three-bedroom standalone unit offers an enviable lifestyle just a short, easy stroll to beautiful Victoria Parade. Enjoy access to popular walking and cycling tracks leading to the Mersey Bluff and the Devonport CBD, locations like this ...

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Unit

TAS 7310


1 Hilltop Ave, Devonport

$575,000

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Renovated, Well-Presented Home with River Views

Positioned in a convenient Devonport location, 1 Hilltop Avenue presents an excellent opportunity for first home buyers, investors, or those looking to downsize into a well maintained and move in ready home. Built in 1955, this well presented property has been thoughtfully updated throughout, ...

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House

TAS 7310


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