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.
$540,000
For sale
Asking
4
Bedrooms
1
Bathrooms
1
Car spaces
905 m²
Land
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
$540,000
Asking · $597/m² of land
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
-11.5%
Median sale
Suburb $610,000
+0.55 pp
Gross yield
Suburb 4.21%
Suburb median $610,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$23,905 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 4.8%. 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
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
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 LJ Hooker DevonportSet proudly on a generous 905m² parcel of land in the heart of Devonport, this lovingly maintained brick home is being offered to the market for the very first time since it was built in 1969. Held and cared for by one family for generations, this is the kind of home that immediately feels honest, warm and full of history. Solidly built with an extended floorplan designed to grow alongside changing family needs, the home offers space, flexibility and exciting potential for its next chapter. Inside, there is more room than you may first expect, with multiple living spaces including a large living area and an additional rumpus room or potential fourth bedroom depending on your needs. Whether you are looking for extra room for teenagers, guests, hobbies or simply a second place to relax, the versatility here is a true standout. Under the carpets in the original section of the home you are blessed with original hardwood flooring, this has never been exposed in this home and would polish up a dream for anyone wishing to have that real wood premium finish in their next home. Positioned in a convenient pocket of Devonport, everyday essentials are all within easy reach. The Valley Road shopping hub is just a short distance away, offering an IGA, doctor’s surgery, chemist and more, there is a choice of local primary & high schools nearby while local transport and TasTAFE across the road further add to the practicality of this well connected location. It is comfortable as is but this home also offers incredible scope for a new owner to modernise and make it their own over time, all while appreciating the solid brick construction and generous land size that has become increasingly difficult to find with a floor plan that could easily be opened up to create that modern plan layout of today. Adding even further appeal, there is also the opportunity to purchase the adjoining parcel of land on a separate title from 28 Croft Avenue. Combined, these two properties open the door to significant subdivision or future development potential, subject to any relevant council approvals, creating an exciting opportunity for developers, investors or buyers looking to secure a large landholding in a central Devonport location. Homes that have been cherished by one family for over half a century are truly special. 2 Myrtle Court is ready to welcome its next generation of memories.
*The information contained herein has been supplied to us by sources which are considered reliable, and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.
Listing description written by Tyla Pyke, LJ Hooker Devonport — reproduced as published, not verified by Districts.