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AREA REPORTS

East Devonport

Suburb Profile

East Devonport - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7310

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $261,000.

The upward trend in home prices in EAST DEVONPORT, 7310 averaged 13.69% per annum over a 3-year period.

Average weekly rents on listings have reached the $280 mark, reflecting a 5.58% increase in returns based on the current median price in EAST DEVONPORT.

An average of 8 real estate transactions take place per month in EAST DEVONPORT which translates to 96 per annum.

96 properties were sold in EAST DEVONPORT in 2016, making it the 2nd most active market in TAS based on total real estate transactions.

EAST DEVONPORT, 7310 places 139th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $261,000 N/A
GROWTH REPORT
Median Quarterly -1.51% N/A
Median 12 month 4.4% N/A
Median 3 years 41.08% N/A
Median 5 years 34.19% N/A
10 years average annual 2.67% N/A
Weekly media advert. rent $280 N/A
Time on Market 78.5 days N/A
Gross Rental Yield Percent 5.58% N/A
demographics (median values)
Total Population
4179
Weekly Household Income
576.8
Household Size
2.40
demographics
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