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Suburb Insights · TAS 7310

East Devonport, TAS 7310 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

East Devonport is a regional centre in Tasmania, Australia, with a population of approximately 4,384, making it a boutique locality. Located approximately 204 km from the Hobart CBD, East Devonport is a regional area in Tasmania. The median household income is $46,800 per year.

Investment Score

36 / 100 Weak

East Devonport's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Hobart
East Devonport
Tasmania · 7310
204 km from Hobart CBD
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Key Indicators

Postcode
7310

Official Australia Post postcode for East Devonport. A postcode may cover multiple suburbs.

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Population
4,384

Usual resident population at the most recent census.

Median weekly rent
$235/wk

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

Median household income
$46,800/yr

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

Distance to CBD
204 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
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,059/mo

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

Home type
78% houses

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

Why People Like Living in East Devonport

Who East Devonport Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Tasmania median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Tasmania median, improving cash-flow margins.
  • Solid transport links into employment hubs.

Cons

  • Long distance to the CBD (204 km) — plan for commute time or local employment.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

4,384 residents places East Devonport squarely in the middle of the Tasmania suburb size distribution (state median 3,902), with market depth comparable to most TAS localities. East Devonport's median household income of $46,800/year is 37% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $235 equates to $1,018/month — about 96% of the median mortgage repayment of $1,059/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. East Devonport is 204 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 26% of household income — a useful sanity check on tenant affordability.

East Devonport vs Tasmania Median

How East Devonport stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean East Devonport sits above the state median; negative means below.

MetricEast DevonportTAS medianΔ vs state
Population4,3843,902+12%
Median household income$46,800/yr$73,944/yr-37%
Median rent (weekly)$235$320-27%
Median mortgage (monthly)$1,059$1,378-23%
Distance to CBD204 km24 km+750%
Separate houses78%80%-2pp

Investor Checklist

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

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: household incomes 37% below the TAS median ($46,800 vs $73,944) means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $235/week (~$1,018/month) covers 96% of the $1,059/month median mortgage repayment, so the shortfall sits at just $41/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 78% houses in a 4,384-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a East Devonport property

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30-year projections for East Devonport

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for East Devonport are modest for 2026 — incomes 37% below the TAS median of $73,944 and a population of 4,384 suggest gains will lag headline metro markets. Rental coverage runs at ~96% of the typical mortgage ($1,018/month rent vs $1,059/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 36/100 places East Devonport in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is East Devonport a good suburb for investment?

East Devonport scores 36/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 4,384, median household income of $46,800/year and median weekly rent of $235. 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 East Devonport?

The main demand drivers in East Devonport are a median household income of $46,800/year, a dwelling mix that is 78% separate houses, roughly 1 schools and 2 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 East Devonport?

East Devonport has a usual resident population of approximately 4,384, compared with a Tasmania suburb median of 3,902 — placing it in the upper 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 East Devonport from the Hobart CBD?

East Devonport sits 204 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in East Devonport?

The most recent census recorded a median weekly rent of $235 in East Devonport, equating to approximately $12,220/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 East Devonport?

The median monthly mortgage repayment in East Devonport is $1,059, or approximately $12,708/year (vs $1,378/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 East Devonport cash-flow positive for investors?

A median weekly rent of $235 works out to $1,018/month, covering 96% of the median mortgage repayment of $1,059/month. That leaves a $41/month shortfall (around $492/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 East Devonport?

The main risks are a thin buyer pool (4,384 residents), interest-rate sensitivity on the $1,059 median mortgage, below-median household incomes ($46,800 vs $73,944 state median), the broader Tasmania 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 East Devonport 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

Tasmania Property Resources