Devonport vs Highclere
Property investment comparison - Devonport, TAS 7310 vs Highclere, TAS 7321
Head-to-head across core investment metrics: Devonport wins 1, Highclere 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.
| Metric | Devonport | Highclere |
|---|---|---|
| Median house price | $590K | $590K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.68% | 4.82% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +16.4% | - |
| 3-year house growth | +24.3% | - |
| Vacancy rate | 1.4% | 1.9% |
| Population | 14,481 | 119 |
Devonport vs Highclere: what the numbers say
Houses cost about the same in both suburbs: the median house price is $590K in Devonport and $590K in Highclere.
On cash flow, Highclere leads: houses there return a gross rental yield of 4.82%, compared with 4.68% in Devonport, a gap of 0.14 percentage points.
Rental vacancy is 1.4% in Devonport and 1.9% in Highclere, so landlords in Devonport 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 119, roughly 122 times the size of Highclere; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Highclere for rental income, Devonport for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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