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 0.9%, with a median house buy price of $1,490,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,350,000
$1,628,000
$1,490,000
Suburb Market Profile
Last month Devon Meadows had 1 property available for rent and 8 properties for sale. Median property prices over the last year range from $1,490,000 for houses to $2,765,500 for units. If you are looking for an investment property, consider houses in Devon Meadows rent out for $775 PW with an annual rental yield of 2.8% and units rent for $410 PW with a rental yield of 4.4%. Devon Meadows has seen an annual compound growth rate of 0.9% for houses.
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