OFF MARKET

17/18 Formby Road
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 793m2
Land area: 5270m2
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Property Details for 17/18 Formby Rd, Devonport

Building Type
Commercial
Year Built
1986
Floor Size
793m2
Land Size
5270m2
Local Government
Devonport
Lot/Plan
2/142067

Last Listing description (June 2018)

Car yard and showroom.
Situated in prime position on main atrial road in and out of Devonport
All or part for lease.

Property History for 17/18 Formby Rd, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$1,400,000
21 Jul 2008
Listed for Rent
$2.59k/w
22 Jun 2018
  • 21 May 2018
    Listed for Rent $135,000 / year
  • 05 Mar 2018
    Listed for Rent $135,000 / year
  • 07 Dec 2017
    Listed for Rent $135,000 / year
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About Devonport 7310

The size of Devonport is approximately 10.2 square kilometres. It has 15 parks covering nearly 13.3% of total area. The population of Devonport in 2011 was 14,009 people. By 2016 the population was 13,761 showing a population decline of 1.8% in the area during that time. The predominant age group in Devonport is 50-59 years. Households in Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Devonport work in a professional occupation. In 2011, 62.2% of the homes in Devonport were owner-occupied compared with 59.4% in 2016.

Devonport has 7,653 properties. Over the last 5 years, Houses in Devonport have seen a 74.99% increase in median value, while Units have seen a 75.79% increase. As at 31 October 2024:

  • The median value for Houses in Devonport is $456,343 while the median value for Units is $401,116.
  • Houses have a median rent of $420 while Units have a median rent of $355.
There are currently 51 properties listed for sale, and 7 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.