Is EAST DEVONPORT a good suburb for positive geared property investment in Australia?

EAST DEVONPORT in TAS currently features property rental yields up to 4.9% with a 12-month capital growth value of Up 21.1%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in EAST DEVONPORT 7310?

The median house price in EAST DEVONPORT 7310 is approximately $545,000 based on the latest tracked market indices.

Investment Spotlight • Australia

EAST DEVONPORT 7310

State: TAS

Updated: 6 August 2026

PosiProp AI Investment Summary

EAST DEVONPORT (TAS 7310) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Up 21.1%, with a median house buy price of $545,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$477,500

Up 27.8% 4.9% Yield

3 house • buy

$540,000

Up 21.4% 5.0% Yield

4 house • buy

$591,750

Down -4.3% 4.5% Yield

all house • buy

$545,000

Up 21.1% 4.9% Yield

Suburb Market Profile

Last month East Devonport had 9 properties available for rent and 18 properties for sale. Median property prices over the last year range from $545,000 for houses to $341,500 for units. If you are looking for an investment property, consider houses in East Devonport rent out for $510 PW with an annual rental yield of 4.9% and units rent for $430 PW with a rental yield of 4.6%. East Devonport has seen an annual compound growth rate of 21.1% for houses and -12.4% for units.

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