Devon Park

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 10.93% growth over a ten-year period. It ranks 4194th 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.

DEVON PARK, 5008 has a capital gain of 16.77% for the past year, which is lower than average compared to its 91.36% growth within a five-year period.

With the median home price in DEVON PARK sitting at $975,000, and the average rent at $605, property owners could potentially earn a 3.23% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$975,000	N/A
Growth Report
Median Quarterly	13.24%	N/A
Median 12 month	16.77%	N/A
Median 3 years	30%	N/A
Median 5 years	91.36%	N/A
10 years average annual	10.93%	N/A
Weekly media advert. rent	$605	N/A
Time on Market	38.4 days	N/A
Gross Rental Yield Percent	3.23%	N/A

Demographics (Median Values)*

Total Population 13681

Weekly Household Income 1109

Household Size 2.40

Average 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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