DEVON MEADOWS 3977
State: VICPosiProp AI Investment Summary
DEVON MEADOWS (VIC 3977) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 7.0%, with a median house buy price of $1,412,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,330,000
$1,455,000
$1,412,500
Suburb Market Profile
Last month Devon Meadows had 3 properties available for rent and 10 properties for sale. Median property prices over the last year range from $1,412,500 for houses to $2,765,500 for units. If you are looking for an investment property, consider houses in Devon Meadows rent out for $650 PW with an annual rental yield of 2.8% and units rent for $410 PW with a rental yield of 4.2%. Devon Meadows has seen an annual compound growth rate of 7.0% for houses.