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Suburb Insights · SA 5008

Devon Park, SA 5008 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Devon Park is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,185, making it a boutique locality. Located 5 km from the Adelaide CBD, Devon Park is a middle ring area in South Australia. The median household income is $77,636 per year.

Investment Score

60 / 100 Moderate

Moderate income levels in Devon Park indicate steady rental demand from working households. The short commute to the city centre is a key demand driver.

Location

Adelaide
Devon Park
South Australia · 5008
5 km from Adelaide CBD
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Key Indicators

Postcode
5008

Official Australia Post postcode for Devon Park. A postcode may cover multiple suburbs.

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Population
1,185

Usual resident population at the most recent census.

Median weekly rent
$285/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$77,636/yr

Annual median household income (before tax) across all households.

Distance to CBD
5 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,574/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
47% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Devon Park is a smaller community of 1,185 — about 32% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $77,636/year, household income in Devon Park is within 4% of the South Australia median ($80,964), placing the suburb firmly in the state's mainstream demographic band. Rent of $285/week (78% coverage of the $1,574/month median mortgage) leaves a gap of roughly $339/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 5 km from the Adelaide CBD, Devon Park sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 47% of dwellings are separate houses (vs 73% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Devon Park vs South Australia Median

How Devon Park stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Devon Park sits above the state median; negative means below.

MetricDevon ParkSA medianΔ vs state
Population1,1853,699-68%
Median household income$77,636/yr$80,964/yr-4%
Median rent (weekly)$285$320-11%
Median mortgage (monthly)$1,574$1,616-3%
Distance to CBD5 km13 km-62%
Separate houses47%73%-26pp

Investor Checklist

Pre-inspection briefing for Devon Park — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 1,185 means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $285/week covers 78% of a $1,574/month mortgage, leaving a $339/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 47% of dwellings are separate houses (vs 73% SA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Devon Park property

Full Property Analysis

30-year projections for Devon Park

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Devon Park are modest for 2026 — incomes close to the SA median of $80,964 and a population of 1,185 suggest gains will lag headline metro markets. Rental coverage runs at ~78% of the typical mortgage ($1,235/month rent vs $1,574/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 60/100 places Devon Park in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Devon Park a good suburb for investment?

Devon Park scores 60/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 1,185, median household income of $77,636/year and median weekly rent of $285. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Devon Park?

The main demand drivers in Devon Park are proximity to Adelaide (5 km), a median household income of $77,636/year, a dwelling mix that is 47% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Devon Park?

Devon Park has a usual resident population of approximately 1,185, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Devon Park from the Adelaide CBD?

Devon Park sits 5 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Devon Park?

The most recent census recorded a median weekly rent of $285 in Devon Park, equating to approximately $14,820/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Devon Park?

The median monthly mortgage repayment in Devon Park is $1,574, or approximately $18,888/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Devon Park cash-flow positive for investors?

A median weekly rent of $285 works out to $1,235/month, covering 78% of the median mortgage repayment of $1,574/month. That leaves a $339/month shortfall (around $4,068/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Devon Park?

The main risks are a thin buyer pool (1,185 residents), interest-rate sensitivity on the $1,574 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Devon Park profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources