Devonport is a well-established suburb in Tasmania within the Devonport local government area (postcode 7310). With a population of 14,481, the suburb has an established demographic with a median age of 43. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Irish.

The median house price in Devonport is $463,000, having dipped slightly 0.5% over the past year. Units have a median price of $400,000 (-3.6% YoY). The current median weekly rent is $482. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,192.

Devonport is served by 9 schools, including 4 primary, 4 secondary, 1 special. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 64 bus stops.

From an investment perspective, Devonport offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($463K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -0.5% year-on-year.