Devonport is in the bottom 40% in TAS when comparing median price capital growth over the last year. Devonport gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.86%.
If we look at median property appreciation over just the last three months, Devonport has given property investors a paper return of -2.13%. This puts Suburb as 123 on a list of fastest fasting appreciating suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Devonport, 7310. Typically our figures indicate that -7.31% is being offered, which puts this TAS suburb at 1057th most discounted overall in Australia.
If you compare the increase in value of investment property in Devonport, 7310 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -6.54%.
Comparing Devonport,7310 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Devonport is $200000, with sellers offering an average of -7.03% off the asking price.