Property prices for sale in Devonport (Tasmania)

The prices in real estate in Devonport, in the Tasmania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$517,231.33
Average price last 6 months
$723
Price/m² last 6 months
Average price per m2

The price per m² in Devonport has increased strongly during the last 6 months. In October, the average price per m² was $565. In November this price pretty much remained the same at a value of $551 per m². The price for the following two months in (December, January) had a considerable increment of 125 %. The price per m² has had a considerable increase of 145 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $628.5 to $912 during February, and March.

Average price

Based upon to the price in Devonport (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $504,276. In November This price remains at $519,026. In the following two months the average price has remained the same with regard to the previous two months from $511,651 to $521,605.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $516,628.25 and $518,437.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $504,000 they are 30 % more affordable than the average price for Devonport. The properties with the highest average price have 1 bedroom, Their price is 58 % more costly than the average. After that we have properties with 4 bedrooms priced at $604,920.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $600 / m², with an average $832 / m² price in Devonport. The properties with the highest average prices have 1 bedroom. They are 209 % more expensive than the average followed by properties with 2 bedrooms with a price at $740 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $504,000 it is 21 % cheaper than the average price in Devonport. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $398,069 it is 5 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $548 / m² followed by "Apartment" priced at $2,217 / m². "Apartment" is the most costly type of property with a $2,217 / m² cost followed by "House" with an average price of $548 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Devonport
Number of properties used in region Tasmania
$504,000
$832
2,022
66,198
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value