Devonport is in the bottom 20% in TAS when comparing median price capital growth over the last year. Devonport gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.29%.
While Devonport,7310 ranked number 143th in TAS for increase in median house value (annualised) increase, it is ranked 132th over the last 5 years.
Devonport, 7310 is offering TAS ‘s 68th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.08%, without taking into account capital value appreciation, which has been averaging out at 1.99%.
Devonport is an average performer in TAS when comparing median price capital growth over the last year. Devonport gave property investors a average capital gain figure when compared to the rest of the state, with 1.78%.
If we look at median property appreciation over just the last three months, Devonport has given property investors a paper return of 7.50%. This puts Suburb as 7 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 -5.46% offered to property buyers. Sellers in Devonport itself are offering an average vendor discount of -6.26% to real estate investors.
Devonport, 7310’s gross rental yield is 5.80%