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Investment Property Devonport, TAS

Region Snapshot

Devonport is a region in Tasmania, Australia. Devonport has a population of 24,700 people and 28.74% of its occupants live in rental accommodation. The median listing price for houses is $545,000 and this has changed 1.11% over the past year and changed 10.10% over 2 years.

The median rent in for houses is $450 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed -4.43% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $395,000 and this has changed 3.94% over the past year. The average unit takes NA days to sell and the median rent for a unit in Devonport is $360 per week, producing a rental yield of 4.73%.

Supply & Demand in Devonport

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

  House Townhouses Units
Median listing price $545,000 $575,000 $395,000
Median price change - last quarter 0.00% 2.67% 0.00%
Median price change - 1 year 1.11% NA 3.94%
Median price change - 2 years 10.10% NA 2.06%
  House Townhouses Units
Median weekly rent $450 NA $360
Median yield % 4.29% NA 4.73%
Median rent change - 1 year 7.14% NA 5.88%
  House Units
Previous month sales 38 8
Stock on market previous month 194 33
Stock variance vs. last year -4.43% 6.45%
Average days on market NA NA

Devonport investment property listings

Showing 1 of 1 investment properties found in Devonport on realestateinvestar.com.au

78 Mungala Cres, Miandetta

$299,000

property pic

Affordable Entry with Value-Add Potential

Positioned in an elevated setting with distant water glimpses, this affordable property presents an outstanding opportunity for investors, renovators, or first home buyers looking to enter the market at a sharp price point. Set on a generous allotment, the home offers two bedrooms, one bathroom, ...

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House

TAS 7310


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