MEDIAN HOUSE PRICE $250,000

MEDIAN RENTAL PRICE $270 per week

LOWS AND HIGHS Entry level properties in or close to town start at about $200,000. “This would be typical of a property that has good renovating bones,” says Sharyn Crack of One Agency Collins Real Estate in Devonport. Top of the market properties generally reach $550,000 but along the prestigious Victoria Parade on the waterfront, you can expect to pay up to $1 million for a four-bedroom renovated home.

MARKET WATCH “Investors are on the hunt for properties under $220,000 in a good location. If they have land at the rear to accommodate a unit development in the future that seems to be even more attractive,” says Sharyn. “Small hobby farms are generally within a 30-minute radius of Devonport, ranging in price from $450,000 to $800,000.” oneagencycollinsre.com.au