Devonport City Council
Tasmania
Good to Know
Devonport City TAS is an affordable house market in the Devonport City TAS area, currently positioned as a long-hold capital growth submarket. Located on Tasmania's north‑west coast, it is home to roughly 26,150 residents across 10,918 dwellings and records a vacancy rate of 1.01%.
According to HtAG Analytics, Devonport City TAS is exhibiting relatively constrained listing supply against steady rental demand. Stock on Market sits at 0.56% and Inventory at 1.38 months — well below the ~3‑month balanced threshold — driving +12.0% YoY price growth and +7.4% YoY rent growth.
What the market data is signalling
Price growth of +12.0% outpacing rent growth of +7.4% shows clear capital‑growth momentum, while a gross yield of 4.03% remains above the recommended minimum. Tight Inventory at 1.38 months and a quick median DOM of 28 days are consistent with upward price and rent pressure, even though Stock on Market is a neutral 0.56% and the clearance rate sits at an unfavourable 50.0%. For a real‑time view of similar market signals see the Markets in the Moment (MiM™) heatmap.
Who lives in Devonport City TAS — and why it matters for investors
Devonport City TAS records an IRSAD of 895, which is below the suggested minimum reference of 927 and indicates comparatively lower socioeconomic advantage. The renter/owner split is neutral at 31.0% and the units/houses mix is neutral at 17.0%. Lower IRSAD can mean greater sensitivity to economic shocks but also opportunities for yield and affordability‑driven demand — see our IRSAD Crossover study for how index bands affect long‑run growth patterns.
Why Devonport City TAS is a screening layer, not a final answer
Council‑level metrics provide a useful screening layer but average across many micro‑markets — the real investment decision should rest on Devonport City TAS's own suburb‑level metrics and local supply drivers. Key local readings here include a typical house price of $652,438, a gross yield of 4.03%, Stock on Market 0.56%, Inventory 1.38 months and median days on market 28 days. Use detailed, street‑level evidence before committing — read more in our LGA vs Suburb research.
What's behind the RCS™ score of 44
HtAG's RCS™ (44 for Devonport City TAS) bundles three independent dimensions — risk minimisation, capital‑growth potential and cashflow resilience — into a single composite to help align markets to strategy. Inspecting the individual sub‑scores is important to match market strengths to investor goals; learn more about how the RCS™ is built.
open Devonport City TAS in HtAG Copilot to drill into sub‑scores, comparable suburbs and scenario modelling.
Forward signals to watch
vacancy rate — currently 1.01%: if vacancy drifts below 1% it would likely accelerate rental pressure and support faster rent growth over 12–24 months; if it moves consistently above 3.5% that would relieve rent growth and weaken investor cashflow.
building approvals ratio — currently 0.92%: a neutral/balanced pipeline at present, but a sustained rise above ~2% would materially add future supply and could soften price momentum.
Hobart cycle phase: a stronger Hobart upswing would typically lift statewide buyer confidence and support Devonport City TAS price momentum, while a city‑level slowdown would risk blunting local capital gains.
Does this area meet your investment goals?
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RCS Breakdown
Devonport City Council's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Critical to know
Market Trends
Devonport City Council's headline values — $652K to buy and $505PW to rent, a 4.02% gross yield. Over the past decade, prices have moved 123.02% and rents 83.33% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$652K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$505PW today, with rent growth at (+7.43% YoY) compared to price growth (+12.03%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Devonport City Council in its cycle - and is the 4.02% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Devonport City Council's long-hold story?
Beyond the headline price, Devonport City Council carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Devonport City Council's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Devonport City Council can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Devonport City Council genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Devonport City Council prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Devonport City Council - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Devonport City Council looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Devonport City Council's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Devonport City Council has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Devonport City Council shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Devonport City Council has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.