Devonport 7310
Market analysis for investment properties in Devonport
Median Price
$564,000
Trend:Accelerating
+13.9%
Median Rent
$485/pw
Trend:Accelerating
+5.4%
Rental Yield
4.47%
Trend:Decelerating
-7.5%
Median DoM
71 Days
Trend:Decelerating
-7.2%
Market Analysis
Why investors are watching Devonport right now.
In Devonport, Tasmania, shopping options range from local boutique stores to major retailers like Target and Coles, catering to diverse consumer needs. The town also hosts regular markets offering fresh produce and unique goods.
The suburb is home to reputable primary schools such as Devonport Primary School and secondary schools like Devonport High School, providing quality education to students in the area.
Devonport's transport network includes bus services connecting the suburb to the nearby CBD in Tasmania. The Bass Highway and the proximity to Devonport Airport further enhance accessibility for residents.
Surrounded by picturesque greenery, Devonport boasts scenic parks like Roundhouse Park along the foreshore, providing serene spaces for recreational activities and relaxation amidst nature.
In addition to the green spaces, residents can explore the nearby Mersey Bluff Reserve, offering stunning views of the coastline and opportunities for outdoor adventures like walking trails and water activities.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Devonport often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Devonport be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Devonport, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
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Investment Insights & FAQ
Frequently asked questions about the Devonport property market in 2026.
As of March 2026, the Devonport property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 13.94% and units have grown by 2.13%. These figures reflect the evolving demand within Devonport, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Devonport range from $564,000 for houses to $408,500 for units. These values are calculated based on recent transaction data and current buyer activity across the Devonport region.
For investors targeting cash flow, houses rent for $485 /pw with a 4.47% yield, while units rent for $380 /pw with a 4.84% yield. This rental performance is a key indicator of strong tenant demand within the Devonport area.
Market Insights Last Updated: March 2026