Deviot

POSTAL CODE: TAS, 7275
HOUSE

Property investors enjoyed capital gains of 34.2% over the last 12 months in DEVIOT, translating to lower returns compared with its peers in TAS.

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

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in DEVIOT.

DEVIOT, 7275 ranks 2nd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 173rd on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

Surburb overview

Deviot is a charming riverside suburb located in the Tamar Valley, approximately 35 kilometres northwest of Launceston, Tasmania. Nestled along the banks of the Tamar River, Deviot offers stunning water views, a peaceful environment, and a strong connection to nature. The area is known for its serene surroundings, rich history, and close-knit community, making it an attractive destination for those seeking a tranquil lifestyle close to both natural beauty and essential amenities.

The population of Deviot is around 300 residents, according to the most recent census data. The suburb features a diverse demographic mix, including families, retirees, and professionals who appreciate the serene environment and scenic landscapes. The small population fosters a close-knit community where residents enjoy strong connections and a supportive atmosphere.

Deviot falls under the jurisdiction of the West Tamar Council. Public transportation options are limited, so most residents rely on personal vehicles for commuting and travel. The nearest towns with more extensive services and amenities are Exeter and Launceston, both of which are easily accessible by road. Exeter offers local shopping, schools, and healthcare services, while Launceston provides a wider range of facilities.

In terms of education, Deviot does not have its own schools. The nearest educational institutions are located in Exeter and Launceston. Exeter Primary School and Exeter High School provide primary and secondary education, respectively. For higher education or more specialised services, residents typically travel to Launceston, which offers a variety of schools, colleges, and the University of Tasmania.

Deviot is renowned for its natural beauty and outdoor recreational opportunities. The suburb's location along the Tamar River provides excellent opportunities for water-based activities such as boating, kayaking, and fishing. The nearby Deviot Jetty and Yacht Club are popular spots for locals who enjoy spending time on the water. The surrounding Tamar Valley is also known for its vineyards and wineries, offering wine tasting and cellar door experiences that attract both locals and visitors.

The community spirit in Deviot is strong, with various local events and activities organised throughout the year. These events provide opportunities for residents to engage and socialise, fostering a sense of belonging and community cohesion. The suburb’s natural setting and active local groups contribute to a supportive and friendly environment.

Deviot's combination of riverside tranquillity and proximity to Launceston makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of quality schools and nearby amenities, enhance its appeal as a desirable residential area.

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