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East Devonport is a suburb in City of Devonport, Australia with 4053 residents. The median house price is $473K with a rental yield of 6.1%. Our analysis rates East Devonport with a suburb score of 70/100 for investment timing.
Property prices in this suburb are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength. Monitor price growth trends and vendor discounting to time your investment.
70
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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East Devonport has a suburb score of 70/100 for investment timing, placing it in the moderate investment category within City of Devonport. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find East Devonport suitable for their portfolio.
East Devonport's capital growth outlook is moderate based on current market indicators. East Devonport shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
East Devonport is located within City of Devonport Local Government Area in Australia. City of Devonport encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether East Devonport is outperforming or underperforming relative to neighboring suburbs.
The current median house price in East Devonport is $473K based on recent sales data. At this price point, East Devonport offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
East Devonport has an average rental yield of 6.1%, which is above the national average, making it attractive for investors prioritizing cash flow and rental income. High-yield suburbs like East Devonport can provide positive cash flow from day one, offsetting holding costs and mortgage payments.
East Devonport has a population of approximately 4053 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. East Devonport is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
East Devonport's suburb score of 70/100 can be compared against other suburbs in City of Devonport to identify relative investment value. With a score between 50-80, East Devonport sits in the middle tier of City of Devonport suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in City of Devonport using our platform to find the best investment opportunities.
