Devon Park vs Prospect
Devon Park (median $1,230,000) is roughly 28% cheaper to buy into than Prospect ($1,705,000).
Buying in Devon Park or Prospect?
Selling in Devon Park? The free selling guide
Devon Park and Prospect side by side
| Measure | Devon Park | Prospect |
|---|---|---|
| Price and market | ||
| Median house | $1,230,000 | $1,705,000 |
| Median unit | $271,440 | $308,880 |
| Renting | ||
| House rent | $700/wk | $650/wk |
| Unit rent | $490/wk | $497/wk |
| Owner occupied | 51.0% | 63.0% |
| Renter occupied | 49.0% | 35.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1048 | 1059 |
| Lifestyle and people | ||
| Walk score | 32 | 84 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 1,185 | 14,584 |
| Median age | 34 | 37 |
| Climate | ||
| Annual rainfall | 485 mm | 485 mm |
| Mean max, January | 29.8°C | 29.8°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Prospect scores higher on walkability (32/100 vs 84/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Prospect (1059) sits above Devon Park (1048). Prospect skews owner-occupied (63%), Devon Park runs more rental-dense (51% owner).
- For buyers
- Devon Park is the lower entry point at $1,230,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Devon Park offers the higher gross rental yield (2.96% vs 1.98%), favouring cash-flow investors.
- For families
- Prospect edges out on average school ICSEA (1059 vs 1048). Prospect also has a higher family-household share (67% vs 56%), so the catchment community skews family-heavy.
Devon Park vs Prospect: common questions
Is Devon Park or Prospect cheaper to buy in?
Devon Park has the lower median house price at $1,230,000, roughly 28% below Prospect ($1,705,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Devon Park or Prospect have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Prospect scores 1059 vs 1048 in Devon Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Devon Park or Prospect?
Prospect scores 84/100 on walkability vs 32/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Devon Park or Prospect?
Gross rental yield on houses is 2.96% in Devon Park vs 1.98% in Prospect. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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