54 John Street, East Devonport, TAS 7310 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $525,000

54 John Street
East Devonport TAS 7310

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 726m2
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Character, Income And Growth Potential

Positioned in an established pocket of East Devonport, 54 John Street presents a compelling opportunity for investors seeking secure income, solid fundamentals and long term potential in a coastal city showing continued appeal. Set on a flat 726 sqm corner block with no easements, this 1953 built residence combines classic cottage character with practical improvements, including a new roof and updated meterbox, the required smoke alarms, wood and electric heating, giving purchasers confidence from day one.
Currently leased until May 2027 at $522 per week, the property offers immediate rental income and a clear return from settlement. The property is not impacted by any flooding, environmental or bushfire risk constraints and is situated approximately 25 metres above sea level. With council rates of approximately $1,940 per annum, investors can assess the holding costs with added confidence. With four bedrooms, one bathroom and two toilets, the layout is well suited to families and tenants seeking a substantial house with space, flexibility and everyday convenience.
East Devonport continues to attract attention from buyers and investors looking for value within the greater Devonport market. The location is supported by access to local schools, shops, transport links, the Devonport Airport, the broader port precinct and the Spirit of Tasmania terminal upgrades, adding further lifestyle, tourism and logistical appeal for tenants, commuters and professionals. With continued investment in key local infrastructure, this address offers both cashflow appeal and the potential to benefit from future capital growth.
The home carries a sense of character that sets it apart from more standard investment options. Its corner position enhances street presence, while the flat 726 sqm block with fully fenced backyard provides a practical and usable setting, complete with established fruit trees and ample sheds, garage and storage for tools, equipment or tenant use. There is also scope for future ideas, subject to all necessary approvals.
For investors seeking a tenanted property with reliable income, strong land credentials, practical upgrades, useful storage and an accessible position in a growth focused coastal market, 54 John Street is a smart addition to any portfolio.
*We have no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Some images may include virtual enhancements such as lighting adjustments or virtual styling. All fixed structures and permanent features remain true to the original property.*

Property Details for 54 John St, East Devonport

54 John St, East Devonport is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 726m2. The place is currently for sale with AUTO-CREATED-internal/data_ops/raywhite-devonport1.tas.

Building Type
House
Land Size
726m2
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About East Devonport 7310

The size of East Devonport is approximately 12.3 square kilometres. There are 6 parks, covering nearly 2.8% of the total area. The population of East Devonport in 2016 was 4053 people. By 2021 the population was 4384 showing a population growth of 8.2% in the area during that time. The predominant age group in East Devonport is 60-69 years. Households in East Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Devonport work in a labourer occupation.In 2021, 55.20% of the homes in East Devonport were owner-occupied compared with 53.90% in 2016.

East Devonport has 2,338 properties. Over the last 5 years, Houses in East Devonport have seen a 64.77% increase in median value, while Units have seen a 46.69% increase. As at 30 June 2026:

  • The median value for Houses in East Devonport is $536,295 while the median value for Units is $439,001.
  • Houses have a median rent of $490 while Units have a median rent of $360.
There are currently 13 properties listed for sale, and 2 properties listed for rent in East devonport on OnTheHouse. According to Cotality's data, 100 properties were sold in the past 12 months in East devonport.

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Cordell Richardson
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