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Median values are calculated based on data over a 12 month period.

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Market Report

Devonport has 326 houses available for sale. The median property price for a house is currently 457,000 with annual capital growth of -1.93 . There were 229 house sales in the past 12 months. On average, houses spend 30 days on market.

If you're thinking about buying an investment property in Devonport, consider that rental yields for houses are currently 4.78 with an average median rent of 420 weekly. Houses have seen -0.76 growth in the past quarter, and -1.93 growth in the past 12 months.

The size of Devonport is approximately 10.2 square kilometres. It has 15 parks covering nearly 13.3% of total area. The population of Devonport in 2011 was 14,009 people. By 2016 the population was 13,761 showing a population decline of 1.8% in the area during that time. The predominant age group in Devonport is 50-59 years.

Households in Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Devonport work in a professional occupation. In 2011, 62.2% of the homes in Devonport were owner-occupied compared with 59.4% in 2016.

Devonport has 79 units available for sale. The median property price for a unit is currently 428,500 with annual capital growth of 12.03 . There were 72 unit sales in the past 12 months. On average, units spend 35 days on market.

If you're thinking about buying an investment property in Devonport, consider that rental yields for units are currently 5.09 with an average median rent of 350 weekly. Units have seen 3.25 growth in the past quarter, and 12.03 growth in the past 12 months.

The size of Devonport is approximately 10.2 square kilometres. It has 15 parks covering nearly 13.3% of total area. The population of Devonport in 2011 was 14,009 people. By 2016 the population was 13,761 showing a population decline of 1.8% in the area during that time. The predominant age group in Devonport is 50-59 years.

Households in Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Devonport work in a professional occupation. In 2011, 62.2% of the homes in Devonport were owner-occupied compared with 59.4% in 2016.

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Key Market Data House Unit
Median price 457,000 428,500
Quarterly growth -0.76 +3.25
12-month growth -1.93 +12.03
Average annual growth +11.94 +13.25
Weekly median rent 420 350
Gross rental yield 4.78 5.09
Number of Sales (12m) 229 72
Avg. Days on Market (12m) 30 35
Jump to Market Trends
Key Demographics 2011 2016
Total population 14,009 13,761
Population change (5y) +0.48 -1.80
Median household income (p/w) 803 909
Household income change (5y) +23.73 +13.20
Median age of persons 42 44
Jump to Demographics Trends
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