18 Forbes Street, Devonport, TAS 7310 | Property Value & History | OnTheHouse
OFF MARKET

18 Forbes Street
Devonport TAS 7310

Bedrooms: 3
Bathrooms: -
Car spaces: 30
Floor area: 184m2
Land area: 668m2
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Property Details for 18 Forbes St, Devonport

Building Type
Commercial
Year Built
1976
Floor Size
184m2
Land Size
668m2
Local Government
Devonport
Lot/Plan
1/100856

Last Listing description (August 2016)

A rare opportunity exists for someone to jump into the commercial market and buy 2 highly attractive properties side-by-side. The business can stay on and lease one of the buildings back for immediate tenancy if needed. The location has high exposure to vehicle traffic and has multiple options for use (Subject to Council Approvals).
18 Forbes Street is 668m2 and has a 183m2 building at the rear of the block. The building has 3 access doors and plenty of workshop space and/or showroom potential. The property has high security fencing at the front and has parking for 15-20 vehicles.
22-24 Forbes Street is 481m2 and has a 194m2 building. It has access points from both Forbes and Tasman Streets and has the external space to park 10-12 vehicles. The interior of this building has a small showroom space, workshop and service desk along with multiple storage areas.

The price includes both properties.

Property History for 18 Forbes St, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$230,000
21 Feb 2017
  • 21 Feb 2017
    Sold for $230,000
  • 02 May 2016
    Listed for Sale $449,000 - $469,000
  • 12 Dec 2010
    Listed for Sale 750000
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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 2016 was 13759 people. By 2021 the population was 14481 showing a population growth of 5.2% 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 community and personal service occupation.In 2021, 61.00% of the homes in Devonport were owner-occupied compared with 59.40% in 2016.

Devonport has 7,659 properties. Over the last 5 years, Houses in Devonport have seen a 72.41% increase in median value, while Units have seen a 49.57% increase. As at 31 December 2025:

  • The median value for Houses in Devonport is $542,258 while the median value for Units is $395,448.
  • Houses have a median rent of $475 while Units have a median rent of $380.
There are currently 38 properties listed for sale, and 15 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.