87 David St, East Devonport is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1961. The property has a land size of 725m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in East Devonport in the last 12 months.
Dual-Income Investment Opportunity - Renovated + Strong Returns and good long-term tenants
Unlock the potential of this rare dual-income asset, perfectly positioned to attract long-term tenants Set just moments from the coast, this property offers two separate dwellings on one title, providing immediate cashflow and long-term growth appeal.
Front House - 2 Bed, 1 Bath
Rear Beach Shack - Self-Contained, Renovated
Privately set behind the main home, the self-contained unit has been stylishly renovated throughout, offering modern finishes, open-plan living, and its own entrance. This high-demand rental achieves $360 per week, making it an ideal second income stream or an attractive Airbnb option (STCA).
Why Investors Love It:
- Dual income on a single property - reduced vacancy risk
- Strong weekly return of $760 combined, could be increased over time.
- Low-maintenance dwellings with modern upgrades.
- Flexible investment - long-term rental, short-stay accommodation, or live in one and rent the other
- Sought-after coastal location ensuring consistent rental demand
Whether you're expanding your portfolio or securing your first investment, this high-yielding property offers instant returns and long-term potential-an opportunity not to be missed.
**Harcourts Devonport & Shearwater 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**
The size of East Devonport is approximately 12.3 square kilometres. It has 6 parks covering nearly 2.8% of 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 2,329 properties. Over the last 5 years, Houses in East Devonport have seen a 73.66% increase in median value, while Units have seen a 53.02% increase. As at 30 April 2026:
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