Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
TAS › Devonport › Broadhurst Ave
$1,650,000
For sale
Asking
8
Bedrooms
5
Bathrooms
8
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,650,000
Asking
No recorded sale for this property.
Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Vs Devonport
+170.5%
Median sale
Suburb $610,000
-2.65 pp
Gross yield
Suburb 4.21%
Suburb median $610,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$73,392 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Devonport's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $494/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Devonport at a glance
14,788
People
$610,000
Median sale
$494/wk
Median rent
4.21%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath DevonportPositioned in one of Devonport's most convenient and well-connected locations, 14 Broadhurst Avenue presents a rare opportunity to secure a fully leased multi-unit investment offering immediate income, strong returns and long-term security.
Comprising five self-contained apartments, the complex is currently fully occupied and delivers a gross yield of over 6%, making it an attractive proposition for investors seeking both cash flow and future growth potential.
The property consists of one spacious three-bedroom apartment, one two-bedroom apartment, and three versatile one-bedroom-plus-study apartments. The upper-level residences offer flexible floorplans, with the additional room providing the perfect space for a second bedroom, home office or study.
Many areas throughout the complex have been updated to enhance tenant appeal, featuring modern kitchens, renovated bathrooms and bright open-plan living spaces designed to maximise natural light.
Constructed from solid, low-maintenance materials and benefiting from five separate income streams, this investment offers a level of security rarely found in single-tenancy properties. Multiple leases help reduce vacancy risk, provide greater income stability and create resilience through changing market conditions.
Located just moments from Devonport's CBD, shopping precincts, schools, public transport and essential services, the property continues to attract strong tenant demand and has enjoyed an excellent occupancy history.
Investments of this scale, with established tenancies and a gross yield exceeding 6%, are seldom offered in such a tightly held Devonport location. Whether you're looking to expand your portfolio or secure a high-performing asset from the outset, 14 Broadhurst Avenue is an opportunity not to be missed.
*McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.
Listing description written by Vanessa Goodwin, McGrath Devonport — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.