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.
$1,250,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
691 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
$1,250,000
Asking · $1,809/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
+104.9%
Median sale
Suburb $610,000
-2.15 pp
Gross yield
Suburb 4.21%
Suburb median $610,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$55,392 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 2.1%. 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 DevonportThis home offers breathtaking views of the Mersey River, where you can watch ships glide by and experience the spectacular "From Sky to Sea" sound and light show. 4 Parker Street is a striking blend of style, functionality and architectural brilliance, thoughtfully designed by S Group to deliver a home that stands apart from the ordinary.
Now leased on a secure twelve-month tenancy, this property presents an excellent opportunity for investors seeking a quality asset in a tightly held location, while also offering the flexibility to secure a future residence in advance. For buyers considering a future move to Devonport or a lifestyle change down the track, this allows valuable time to have a portion of the mortgage already working for you before making the move yourself.
The layout offers an exquisite blend of flexibility and functionality, catering to the needs of modern living without compromise. Spacious and unique in design, the home delivers stylish living with a sense of sophistication and grandeur.
The entrance is truly impressive, welcoming you into an open space with soaring ceilings. The ground floor boasts three generously sized bedrooms, a pristine bathroom, a well-appointed laundry and a grand floating staircase leading to the luxurious first floor.
Upstairs, the master suite and living areas have been strategically positioned to capture the breathtaking northern and easterly views over the river. The luxurious master retreat includes a lavish ensuite, creating a private sanctuary within the home.
Additional features include a dedicated office nook, ideal for working from home or creating a quiet study space, while the generous triple garage adds both practicality and appeal.
Constructed with quality materials and set on a low-maintenance 691m² allotment, the thoughtful design ensures effortless living with minimal upkeep.
Positioned only a short walk from the Devonport CBD, supermarkets and everyday conveniences, this is a premium property that combines lifestyle appeal with long-term investment potential.
- Securely leased on a twelve-month tenancy
- Ideal investment or future lifestyle purchase
- Enjoy stunning river views with the Spirit of Tasmania sailing by
- Architecturally designed by S Group
- Luxurious master suite with lavish ensuite and river views
- Spacious layout with three ground-floor bedrooms
- Grand floating staircase and dedicated office nook
- Low-maintenance 691m² block with generous triple garage
- Prime location within walking distance to the Devonport CBD and supermarkets
- A unique and highly regarded residence in a tightly held location
*McGrath Devonport believe information contained is accurate however interested parties should rely upon their own enquires. 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.