East Devonport at a glance
4,485
People
$550,000
Median sale
$454/wk
Median rent
4.29%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
TAS › East Devonport › Coraki St
$475,000
Last sold
24 Sept 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
827 m²
Land
99 m²
Building
Districts View
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
Last sold
$475,000
24 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in East Devonport (last 5 years) with land size have a median of $560/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
East Devonport at a glance
4,485
People
$550,000
Median sale
$454/wk
Median rent
4.29%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs East Devonport
-13.6%
Median sale
Suburb $550,000
+0.68 pp
Gross yield
Suburb 4.29%
Suburb median $550,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $454/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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
UnknownNearby 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.
Area
East Devonport at a glance
4,485
People
$550,000
Median sale
$454/wk
Median rent
4.29%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by View Real Estate Latrobe & Devonport16 Coraki Street presents a smart investment opportunity in the increasingly popular East Devonport market. Set on a generous 827m² corner allotment, this low-maintenance brick home offers immediate rental appeal with future scope for value-adding (STCA).
Inside, the home is an updated kitchen offering good storage and functionality, while the renovated bathroom includes a shower over bath, modern tiling, and a contemporary vanity. All three bedrooms are well-sized—two with built-in wardrobes—and the home features a heat pump for easy climate control, a separate laundry, and a practical layout for tenants.
An undercover outdoor area is accessible directly off the living space and is equipped with roll down blinds for year round use. The fully fenced backyard provides plenty of room for kids & pets and there is the potential to add further improvements such as a shed or studio (STCA).
The property is currently tenanted at $470 per week (effective 15th Aug) with the lease in place until August 2026.
East Devonport continues to gain attention for its affordability and amenity access. Within minutes of schools, local shops, doctors and parks, the home is also close to major transport links including the Spirit of Tasmania terminal and Devonport Airport. Devonport’s city centre is just a short drive over the bridge.
Whether you're expanding your portfolio or entering the market with a reliable investment in mind —this property is worth your attention.
Contact Colin on 0408 666 301 for further information or to arrange your private inspection.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Colin Leiper, View Real Estate Latrobe & Devonport — reproduced as published, not verified by Districts.