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Devon Meadows suburb profile

Devon Meadows is a serene suburb located in Victoria, approximately 50km southeast of Melbourne's CBD. Known for its rural charm and spacious properties, it offers a peaceful lifestyle away from the hustle and bustle of city life. The suburb is characterized by its open spaces, agricultural lands, and a close-knit community atmosphere. Residents enjoy the tranquility of country living while still having access to essential amenities and services in nearby Cranbourne. With its blend of rural appeal and proximity to urban conveniences, Devon Meadows is an attractive option for families and individuals seeking a quieter, more relaxed environment.

Devon Meadows property market performance

Devon Meadows presents a unique property market scenario with no recorded changes in median house or unit values over the past 12 months. The median house and unit prices remain at $0, indicating a lack of recent sales data or market activity. Only two houses were sold in the past year, and no units were transacted, reflecting limited market movement.

With no recorded median days on market for either houses or units, it suggests a stagnant market with minimal buyer and seller activity. The rental market for houses in Devon Meadows has also remained stable, with an average rent of $820 and no change in rental prices over the last year. The unit rental market remains inactive with no recorded data.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
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Sold
Past 3 months
1N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$900N/A
Change in rent
Past 12 months
N/AN/A

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Devon Meadows demographics

Devon Meadows, located in Victoria, is a charming suburb that offers a serene and family-friendly environment. With a population of 1,551, it provides a close-knit community feel, ideal for those seeking a quieter lifestyle away from the hustle and bustle of city life. The median age of 44 suggests a mature population, with many residents likely enjoying the peaceful surroundings and the sense of community that Devon Meadows offers.

The suburb is predominantly composed of family households, with 48.2% of families being couples with children and 39.8% being couples without children. This indicates a strong family presence, making it an attractive location for those looking to raise children in a supportive and safe environment. The presence of one-parent families at 11.3% also highlights the suburb's inclusivity and support for diverse family structures.

In terms of property ownership, Devon Meadows has a high rate of home ownership, with 48.2% of properties owned outright and 38.2% owned with a mortgage. This reflects a stable and established community, with many residents having long-term ties to the area. The rental market is relatively small, with only 13.6% of properties being rented, which further emphasizes the suburb's appeal to those seeking permanent residence.

Overall, Devon Meadows offers a tranquil lifestyle with a strong sense of community, making it an ideal choice for families and individuals looking for a peaceful place to call home. Its combination of mature residents, family-oriented households, and high home ownership rates contribute to its reputation as a desirable suburb in Victoria.

Suburbs near Devon Meadows

Some popular suburbs near Devon Meadows include:

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