Economic development

Plan for the future

Devonport has a diversified economy based on the foundation sectors of retail trade, health care and social services, manufacturing, and freight and logistics management. 

Supported by the initiatives contained within Council’s LIVING CITY plan, Devonport is confirming its status as the service, retail, tourism, and cultural capital of North West Tasmania. 

This is creating rapidly growing opportunities in our traditional sectors,as well as growth in tourism and accommodation, food services, education, construction and professional services industries – Devonport is a compelling option for business investment.

Comparative advantages:

  • Devonport has passenger and freight ports, which handle a considerable proportion of Tasmanian imports and exports, as well as hosting the Spirit of Tasmania intestate passenger ferry service.
  • Devonport Airport is the third largest in Tasmania, providing major carrier services to Melbourne Tullamarine, along with freight and charter services.
  • Devonport is on the doorstep of North West Tasmania’s high-quality fresh produce regions, namely: dairy, floriculture, fruit, vegetables, meat and aquaculture production and processing. The proximity to mainland markets and with its outstanding natural scenery draws visitors from all over the world. The ‘food industry’ is a major asset – an attractor, which is building economic prosperity for the City.
  • Market access – land and property values, including commercial rentals, are some of the most accessible in all of Australia’s regional cites.
  • Skilled, diverse workforce, that is innovative and agile by nature.
  • Enviable lifestyle supported by superb coastal setting, high-quality public infrastructure, and access to excellent education and health care services.
  • Devonport City Council is continuing to invest in public infrastructure and proactively seeking investment partners to help grow sustainable industries and businesses throughout the City.

Below are some of council’s key plans to help drive economic growth in the City and more information on the Cradle Coast region.

Strategic Plan

This document is designed to be an expression of the community’s wishes for Devonport and is being used by Council to determine the Delivery Program and create the Budget for the next 10 years.

Devonport ...

Annual plan and estimates

The Annual Plan and Estimates is Council’s primary planning document.

DCC Annual Plan 2020-21 (PDF 10MB)



In February 2019 the Devonport City Council conducted a Community Survey which included two questions relating to the LIVING CITY Masterplan and to the Waterfront Park.

These documents and more information can be obtained by visiting the LIVING CITY website

Local and regional statistics

Get to know more about your community with these helpful databases.

Community profile

The Cradle Coast Community Profile includes results from the latest Australian Bureau of Statistics (ABS) data. View the Community Profile.

Economic profile

The Economic Profile provides key regional economic data for the Cradle Coast. It presents economic information that enables you to describe the area’s role within the broader economy, explore options for economic development and promote the area’s strengths. View the Economic Profile.

Community atlas

The Community atlas includes key socio-demographic characteristics for the Cradle Coast presented as interactive maps. Based on the latest ABS data, each map is prepared using Census Collector Districts providing the finest level of detail to help identify spatial patterns and trends. View the Community Atlas.

Population forecast

You can also see the latest ABS data on Devonport.