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East Devonport suburb profile

East Devonport is a charming suburb located on the eastern bank of the Mersey River in Tasmania, offering picturesque views and a relaxed lifestyle. Known for its close proximity to the Spirit of Tasmania ferry terminal, it serves as a gateway for visitors exploring the island. The suburb features a mix of residential areas, local shops, and recreational facilities, providing a comfortable and convenient living environment. East Devonport's community is tight-knit, with a focus on family-friendly activities and outdoor pursuits. Its scenic beauty and strategic location make it an appealing choice for residents and tourists alike.

East Devonport property market performance

Property growth+14.6%Past 12 months

East Devonport's property market has experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by 20.7%, with the median house price now at $562,250. In contrast, unit values have seen a modest increase of 4.3%, although the current median unit price is not available.

Sales activity has been moderate, with 20 houses and 8 units sold over the last 12 months. Houses are selling relatively quickly, with a median of 30 days on the market, while units are moving even faster at 26 days, indicating strong demand.

The rental market in East Devonport has also seen notable changes, with house rents increasing by 10.2% over the last year, reaching an average of $485. Meanwhile, unit rents have remained relatively stable, with a slight increase of 0.8%, averaging $398.

HousesUnits
Median price
Past 3 months
$562KN/A
Change in value
Past 12 months
19.6%9.7%
Sold
Past 3 months
229
Median days on market
Past 12 months
3024
Average rent
Past 12 months
$490$380
Change in rent
Past 12 months
11.4%-3.3%

5 year median price trend for houses and units

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East Devonport demographics

East Devonport, located in Tasmania, is a suburb known for its scenic views and close-knit community. With a population of 4,384, it offers a tranquil lifestyle away from the hustle and bustle of larger cities. The median age of 44 suggests a mature community, with a mix of families, retirees, and long-term residents who appreciate the suburb's peaceful environment and natural beauty.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 43% of the housing market. This indicates a level of flexibility for those who prefer renting over homeownership. Meanwhile, 34.2% of properties are owned outright, reflecting a stable community with many residents having established roots in the area. Additionally, 22.8% of homes are owned with a mortgage, showcasing a mix of new buyers and long-term homeowners.

Family dynamics in East Devonport are varied, with couple families without children making up 41.5% of the population, followed by one-parent families at 29.2%, and couple families with children at 27.5%. This diversity in family structures contributes to a rich community fabric, where different lifestyles and stages of life are represented. The suburb's median total household income of $900 per week reflects a modest economic environment, typical of regional areas, where residents enjoy a slower pace of life and a strong sense of community.

Suburbs near East Devonport

Some popular suburbs near East Devonport include:

How does East Devonport compare to nearby suburbs?

  • Median house prices: East Devonport’s median house price is 7.2% lower than Devonport’s.
  • House price growth: Over the past 12 months, house prices in East Devonport have grown 2.6% higher than in Devonport.
  • Unit price growth: Over the past 12 months, unit prices in East Devonport have grown 8.5% higher than in Devonport.
  • Selling speed for houses: Properties in East Devonport are selling 14.3% faster than in Ambleside.
  • Selling speed for units: Properties in East Devonport are selling 25.0% faster than in Devonport.

Choose the right real estate agents in East Devonport

In East Devonport ,36 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 42.6% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.63% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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