Devon Park vs Prospect.
Comparing two suburbs with median house prices of $1,090,000 and $1,600,000. Prospect edges out on more headline metrics in this comparison.
Devon Park (median $1,090,000) is roughly 32% cheaper to buy into than Prospect ($1,600,000). Over the past year, Prospect (+23.8%) ran 23.8 percentage points ahead of Devon Park (0%) on house-price growth.
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 $1,090,000 median, 32% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Devon Park delivers the better gross yield (3.20% vs 2.11%), but Prospect has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
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.
Common questions
Is Devon Park or Prospect cheaper to buy in?
Devon Park has the lower median house price at $1,090,000, roughly 32% below Prospect ($1,600,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Devon Park or Prospect?
Over the past 12 months, Prospect grew +23.8% vs 0% in Devon Park, a gap of 23.8 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
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 3.20% in Devon Park vs 2.11% 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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