Devenish

Devenish is a small suburb with a population of 208, experiencing steady population growth over the years. The residents primarily fall into the age groups of 45 to 64 years and 65 years or over. The suburb has a mix of occupations, with the top three being Managers, Clerical and Administrative Workers, and Technicians and Tradesworkers. Commuting by motor vehicle is the most common method, while a noteworthy percentage works from home. Devenish presents an opportunity for property investors interested in houses, with a high market absorption rate indicating strong demand. The suburb’s affordable median house price and the recent growth in the median sale price over five years make it attractive for potential buyers. The properties on the market are limited, which could potentially lead to quicker sales. Devenish is a small suburb with a tight-knit community, suitable for those looking for a peaceful lifestyle. It offers potential for property investors interested in houses, given the high market absorption rate and recent growth in median sale prices. The suburb's demographics reflect a mix of age groups and occupations, with a notable percentage opting to work from home. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022