DEVONPORT 7310
State: TASPosiProp AI Investment Summary
DEVONPORT (TAS 7310) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.7% and has experienced a 12-month capital growth of Up 18.4%, with a median house buy price of $570,275. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$484,250
$540,500
$675,050
$570,275
Suburb Market Profile
Last month Devonport had 49 properties available for rent and 56 properties for sale. Median property prices over the last year range from $570,275 for houses to $410,000 for units. If you are looking for an investment property, consider houses in Devonport rent out for $500 PW with an annual rental yield of 4.7% and units rent for $385 PW with a rental yield of 4.9%. Devonport has seen an annual compound growth rate of 18.4% for houses and 2.5% for units.