Thinking about buying in Devils Hole? Now could not be a better time, with just 36 residential dwellings it's a highly sought after location.
The average property price for this area is $589,000 with prices in this suburb ranging from $212,000 to $1,090,000.Distance to the coast is 19 Km.
In Devils Hole there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Devils Hole is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Devils Hole changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Devils Hole the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
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None within suburb boundary(While the above schools are located with the suburb of Devils Hole there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
|27-01-2021||$545,000||379 DEVILS HOLE RD DEVILS HOLE 2550|
|06-08-2020||$160,000||230 GREY MYRTLE LANE DEVILS HOLE 2550|
|04-11-2019||$430,000||88 GREY MYRTLE LANE DEVILS HOLE 2550|
|10-04-2018||$370,000||535 DEVILS HOLE RD DEVILS HOLE 2550|
|22-02-2018||$45,000||249 GREY MYRTLE LANE DEVILS HOLE 2550|
|29-01-2018||$100,000||409 DEVILS HOLE RD DEVILS HOLE 2550|
|21-12-2017||$139,000||271 GREY MYRTLE LANE DEVILS HOLE 2550|
|21-12-2012||$400,000||369 DEVILS HOLE RD DEVILS HOLE 2550|
|11-02-2010||$415,000||369 DEVIL S HOLE RD DEVILS HOLE 2550|
|25-11-2008||$199,000||535 DEVIL S HOLE RD DEVILS HOLE 2550|
|25-09-2008||$200,000||409 DEVIL S HOLE RD DEVILS HOLE 2550|
|06-12-2007||$125,000||535 DEVIL S HOLE RD DEVILS HOLE 2550|
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