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Devon Park
AREA REPORTS

Devon Park

Devon Park - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5008

house

Based on its average 5-year and quarterly capital gains DEVON PARK, 5008 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that DEVON PARK, 5008 obtained a 7.22% growth over a ten-year period. It ranks 1329th on our list of suburbs that property investors should look into.

DEVON PARK, 5008 in SA belongs to the local government area of Port Adelaide Enfield (C).

DEVON PARK, 5008 has a capital gain of 32.35% for the past year, which is higher than average compared to its 36.44% growth within a five-year period.

With the median home price in DEVON PARK sitting at $641,250, and the average rent at $422.5, property owners could potentially earn a 3.43% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in DEVON PARK are high, as opposed to average gains per annum over the past five years.

A 32.35% increase in median property prices in DEVON PARK, 5008 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 58th.

Data report can be found below

Devon Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $641,250 N/A
GROWTH REPORT
Median Quarterly 16.59% N/A
Median 12 month 32.35% N/A
Median 3 years 35% N/A
Median 5 years 36.44% N/A
10 years average annual 7.22% N/A
Weekly media advert. rent $422.5 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.43% N/A
demographics (median values)*
Total Population
13681
Weekly Household Income
1109
Household Size
2.40
Age
38
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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