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 20.0%, with a median house buy price of $600,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$525,000
$594,000
$730,000
$600,000
Suburb Market Profile
Last month Devonport had 47 properties available for rent and 62 properties for sale. Median property prices over the last year range from $600,000 for houses to $442,500 for units. If you are looking for an investment property, consider houses in Devonport rent out for $530 PW with an annual rental yield of 4.7% and units rent for $420 PW with a rental yield of 4.8%. Devonport has seen an annual compound growth rate of 20.0% for houses and 12.7% for units.
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