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Cuprona vs Devonport

Property investment comparison - Cuprona, TAS 7316 vs Devonport, TAS 7310

Head-to-head across core investment metrics: Cuprona wins 2, Devonport wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCupronaDevonport
Median house price$600K$590K
Median unit price--
Gross rental yield (houses)4.83%4.68%
Gross rental yield (units)--
1-year house growth-+16.4%
3-year house growth-+24.3%
Vacancy rate0.7%1.4%
Population14014,481

Cuprona vs Devonport: what the numbers say

The median house price is $600K in Cuprona and $590K in Devonport, so Devonport is the cheaper entry point, with Cuprona houses about 2% dearer.

On cash flow, Cuprona leads: houses there return a gross rental yield of 4.83%, compared with 4.68% in Devonport, a gap of 0.15 percentage points.

Rental vacancy is 0.7% in Cuprona and 1.4% in Devonport, so landlords in Cuprona face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Devonport is the bigger suburb, with a population of 14,481 against 140, roughly 103 times the size of Cuprona; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cuprona for rental income, Devonport for a lower purchase price, Cuprona for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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