Devonport has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -0.85% to date .
Devonport,7310 has offered an average of -0.85% return per annum in house price rises to property investors over the last three years.
At number 82th of TAS’s most discounted properties, Devonport is in the middle of the state/territory when listing in order of most discounted to least.
Situated 205.40km from the CBD, Devonport is one of Devonport localities in the postcode 7310.
Devonport, 7310 ranked 32th in TAS when comparing growth in median property values or capital gain over the last 12 months. Devonport is one of 606 in our list for TAS
If we look at median property appreciation over just the last three months, Devonport has given property investors a paper return of 0.95%. This puts Suburb as 27 on a list of fastest fasting appreciating suburbs in TAS
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.10% offered to property buyers. Sellers in Devonport itself are offering an average vendor discount of -5.22% to real estate investors.
With the median price for a house in Devonport being $213500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.60%