Devon Meadows 3977
Market analysis for investment properties in Devon Meadows
Median Price
$1,572,475
Trend:Accelerating
+25.8%
Median Rent
$700/pw
Trend:Decelerating
-19.8%
Rental Yield
2.31%
Trend:Decelerating
-36.4%
Median DoM
89 Days
Trend:Decelerating
-4.3%
Market Analysis
Why investors are watching Devon Meadows right now.
Shopping options in Devon Meadows include the nearby Cranbourne Park Shopping Centre, approximately a 10-minute drive away, offering a variety of stores such as supermarkets, fashion retailers, and dining establishments.
The suburb is serviced by several primary schools within the Casey area, including Devon Meadows Primary School, known for its quality education and community involvement. For secondary education, students can attend Cranbourne East Secondary College, which is also well regarded in the region.
Public transport options from Devon Meadows to the Melbourne CBD include taking a bus from the nearby Cranbourne Station, connecting to the Cranbourne Line, providing a direct route to the city. Residents can also access major roadways such as the South Gippsland Highway for car commutes to the CBD.
Devon Meadows offers a peaceful residential environment with an abundance of surrounding greenery, including parks like Devon Meadows Recreation Reserve, providing opportunities for outdoor activities and a scenic backdrop for residents. The suburb's proximity to the Mornington Peninsula further enhances the natural appeal of the area.
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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 Devon Meadows often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Devon Meadows be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Devon Meadows, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
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Investment Insights & FAQ
Frequently asked questions about the Devon Meadows property market in 2026.
As of March 2026, the Devon Meadows property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 25.8%. These figures reflect the evolving demand within Casey, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Devon Meadows range from $1,572,475 for houses. These values are calculated based on recent transaction data and current buyer activity across the Casey region.
For investors targeting cash flow, houses rent for $700 /pw with a 2.31% yield. This rental performance is a key indicator of strong tenant demand within the Devon Meadows area.
Market Insights Last Updated: March 2026