Question 1

Is Devon Meadows a nice place to live?

Accepted Answer

With paddocks, lifestyle blocks and low-density streets, Devon Meadows has a country outlook on Melbourne’s south-eastern fringe. It is a suburb of families — the community of 1,551 people has a median age of 44 and families are dominated by couple households — and most homes are owner-occupied (86.4% combined owned outright or with a mortgage). The typical household earns $1,790 a week, roughly $93,000 a year. The area appeals to people seeking more space, including hobby farms, larger family homes and equestrian lifestyles, while retaining a village feel with local shops, sports grounds and community facilities.

For day-to-day needs larger retail and services in nearby Cranbourne are within easy reach. A draft precinct structure plan proposes a new residential neighbourhood and supporting infrastructure, including a local convenience centre, government primary and secondary schools and a multipurpose community centre co-located with the primary school; the plan has progressed through hearings and technical reports have been published. The City of Casey is consulting on a playground concept for Glover Recreation Reserve, and funding has been allocated for a new SES unit and expanded bus services that will include Devon Meadows on the Berwick to Pakenham route.

Question 2

Is it expensive to live in Devon Meadows?

Accepted Answer

There haven't been enough recent sales or rentals in Devon Meadows to publish reliable house or unit price and rent figures. Without current price or rent data, it isn't possible to describe how expensive the suburb is compared with local household incomes recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Devon Meadows a good place to invest?

Accepted Answer

Devon Meadows hasn't had enough recent sales to put reliable figures on how house or unit prices and rents have moved this year. Without that information, there isn't a clear picture of how the suburb has performed as an investment over the past 12 months.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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