Devonport property market: the official numbers
What the census actually says about Devonport, TAS — who lives there, what they pay, and what they do for work. Every figure below is ABS Census 2021 data, linked at the bottom so you can check it yourself.
The straight answer
Median rent in Devonport was $250 a week at the 2021 Census — 33% below the national median. Repayments ($1,213/mo) ran ahead of rent ($1,083/mo), but not brutally.
What the census counted
The typical repayment ran at about 24% of the median household income. Point-in-time medians, August 2021. Repayments have risen a long way since the 2022–24 rate rises, so use these to compare places, not to price anything today.
Renting vs paying a mortgage
At the census, the typical monthly rent worked out to $1,083 against a typical mortgage repayment of $1,213:
How to read the rent-repayment gap
The mortgage figure reflects loans and rates as at August 2021, before the 2022–24 rate rises — today's repayment on a new loan would be higher. The rent figure is what tenants were actually paying, not today's asking rents. The useful signal is the shape: where rent and repayments sit close together, buying has historically competed well with renting here; where repayments tower over rent, the market prices in growth. Run your own numbers with the mortgage vs invest tool or what can I afford?
How Devonport houses itself
30.8% of Devonport households rent — that's the tenant pool an investor here would actually be renting into, and it's about the national norm.
Who lives here
How to read an age profile
A heavy 25–44 band usually means family housing demand (and pressure on 3–4 bedroom stock); a heavy 65+ band signals downsizer and retiree demand (units, single-level living, proximity to health care). Devonport's median age of 43 sits above the national median of 38.
What the local economy runs on
16.3% of Devonport's 13,688 workers are in health care & social assistance. That's the engine under local housing demand — worth knowing how it's running before you buy.
Buying costs in TAS, exactly
We don't republish licensed price feeds, so for today's sale prices check a licensed source. The costs of buying, though, are public and exact:
- Stamp duty in Tasmania — exact duty and first-home-buyer concessions.
- What can I afford? — borrowing power, price range and all-in upfront cash.
- The official TAS price trend — ABS state-level values since 2011, interactive.
Questions people ask
What is the median rent in Devonport?
At the 2021 Census the median rent in Devonport was $250 a week — 33% below the national median ($375/wk). Rents have moved since 2021; check current listings for today's asking rents.
How many people live in Devonport?
31,721 people at the 2021 Census, with a median age of 43 (national median: 38). Devonport is one of Tasmania's significant urban areas as defined by the ABS.
What do people in Devonport do for work?
The biggest employing industry is health care & social assistance, followed by retail trade (ABS Census 2021). The industry mix shapes how resilient local housing demand is.
Who this market suits
Your call
Neither a cashflow bargain nor a pure scarcity play: rent covered about 89% of the typical repayment at the census. That middle ground tends to suit owner-occupiers better than spreadsheet investors.
Whatever you do, check the things the census can't show: today's asking rents, vacancy and days on market in Devonport. Then run your own numbers: what can I afford? for borrowing power and upfront cash, and the Tasmania stamp duty calculator for the tax bill.
More TAS snapshots
Hobart · Launceston · Burnie - Somerset · Ulverstone
All cities & hubs: the full directory.
General information only — not financial or property advice. All figures are ABS Census 2021 ( official QuickStats for Devonport, CC-BY 4.0), which predates the 2022–24 rate rises; conditions have moved since. Last reviewed 10 July 2026.