East Devonport is a smaller suburb in Tasmania within the Devonport local government area (postcode 7310). With a population of 4,384, the suburb has an established demographic with a median age of 44. Households earn a median income of $47K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in East Devonport is $473,000, having increased 3.1% over the past year. Units have a median price of $363,000 (+34.3% YoY). The current median weekly rent is $492. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,059.
East Devonport is served by 1 school, including 1 primary. The average ICSEA score is 834, which is well below the national average of 1,000. Public transport access includes 23 bus stops.
From an investment perspective, East Devonport offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($473K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +3.1% year-on-year.
East Devonport is a smaller suburb in Tasmania within the Devonport local government area (postcode 7310). With a population of 4,384, the suburb has an established demographic with a median age of 44. Households earn a median income of $47K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in East Devonport is $473,000, having increased 3.1% over the past year. Units have a median price of $363,000 (+34.3% YoY). The current median weekly rent is $492. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,059.
East Devonport is served by 1 school, including 1 primary. The average ICSEA score is 834, which is well below the national average of 1,000. Public transport access includes 23 bus stops.
From an investment perspective, East Devonport offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($473K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +3.1% year-on-year.