Property value increases in Devonport have tracked close to the TAS average of 6.96% over the last 12 months.
The five-year average increase in median property values for Devonport,7310 has given property investors a potential capital gain of 20.00% across each of those five years.
Devonport7310 is located in TAS which offers an average discount of -5.65% to property investors. Devonport itself is showing figures that indicate -4.35% is the average achievable by property buyers investing in the suburb.
Investment property in Devonport has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.22%
While Devonport,7310 ranked number 19th in TAS for increase in median house value (annualised) increase, it is ranked 43th over the last 5 years.
Our latest figures would indicate that property sellers in Devonport are currently offering property investors an average price cut of -5.11% below the asking price at the moment.