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East Devonport
AREA REPORTS

East Devonport

East Devonport - 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 $280,000.

The upward trend in home prices in EAST DEVONPORT, 7310 averaged 15.66% per annum over a 3-year period.

Average weekly rents on listings have reached the $290 mark, reflecting a 5.39% increase in returns based on the current median price in EAST DEVONPORT.

An average of 6.08 real estate transactions take place per month in EAST DEVONPORT which translates to 73 per annum.

73 properties were sold in EAST DEVONPORT in 2016, making it the 18th most active market in TAS based on total real estate transactions.

EAST DEVONPORT, 7310 places 87th in Australia based on median property value growth during the quarter.

Data report can be found below

East Devonport
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $280,000 N/A
GROWTH REPORT
Median Quarterly 4.09% N/A
Median 12 month 12% N/A
Median 3 years 46.98% N/A
Median 5 years 42.86% N/A
10 years average annual 4.02% N/A
Weekly media advert. rent $290 N/A
Time on Market 66.2 days N/A
Gross Rental Yield Percent 5.39% N/A
demographics (median values)*
Total Population
27101
Weekly Household Income
967
Household Size
2.30
Age
43
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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