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Devonport City Council, TAS

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The Devonport City Council is located on the outer northern shores of Tasmania and takes in the port and industrial town of Devonport. The demand for commercial property in the area has exploded as the harbor is a strategic location for Tasmanian exports.

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With the federal government funding the development of a new container terminal for the northern beaches, businesses in the area will have a reliable and well-developed export trade. The increase in container exports, particularly for niche and high value products, has also boosted the demand for commercial property in the area. Devonport’s proximity to the Port of Devonport and the history of its industrial base is also contributing to the property market.

When you search for properties for sale in Devonport, the first thing that pops up is the volume of property ads on real estate websites. There are thousands of square meters of active residential property on the market in Devonport. That is a large amount of potential for investors. You can choose from luxury homes to small suburban homes, making the selection process a lot easier for you.

The Devonport City Council currently employs a total of 910 staff members, who currently administes over 300 public properties such as parks, public facilities, services and parking areas. It is often common to hear people saying that Devonport City is lacking in its trades for example truck drivers, electricians, construction workers, plumbers and butchers. However, these trades are becoming much more available.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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More about Devonport City Council, TAS

What LGAs neighbour Devonport City Council, TAS?

Devonport City Council is surrounded by 2 other council areas – Latrobe, Kentish.


How many people live in Devonport City Council, TAS?

The Devonport has a population of approximately 25000 people living in roughly 11500 dwellings with average 2, 3 people per household. Devonport is classified as urban area with population density of roughly 230 persons per square km.

What are current and planned infrastructure projects in Devonport City Council, TAS?

Devonport City Council announced $30 million of capital expenditure in the 2021-2022 Annual Plan and Budget Estimates. Among the projects there are such as Pit Replacement, Transport Minor Works Program, Don River Rail Trail, Park Furniture Renewal.

What major retailers are there in Devonport City Council, TAS?

Local retailers are presented by Kmart, Maveric Work Wear & Embroidery, Harris Scarfe, Harris’ of Tasmania, Dimmeys, States Country Store.

What is the main industry in Devonport City Council, TAS?

Devonport’s economy is built on three broad sectors: Retail Trade, Health Care and Social Services, and Manufacturing. Devonport is becoming the retail, service, cultural and tourism capital of North West Tasmania.

What are the dominant demographic groups in Devonport City Council, TAS?

Among approximately 25000 people living in Devonport males and females make up roughly 46% and 54% respectively. The median age is 44 years.

How is unemployment rate trending in Devonport City Council, TAS?

Approximately 10000 people living in Devonport City are employed, of which 43% working part-time and 55% working full-time.

Suburbs/localities in this Local Government Area: Ambleside 7310, Devonport 7310, Don 7310, Eugenana 7310, Forthside 7310, Aberdeen 7310, Lillico 7310, Miandetta 7310, Quoiba 7310, Stony Rise 7310, Tugrah 7310

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