Property investors who have had real estate in Evatt, 2617 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.58%
Across a shorter period, Evatt, 2617 has seen a median price increase of -0.41% over the last quarter.
Property investors looking for a bargain in Evatt should be aiming for at least -8.19% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 73 properties changed hands in Evatt, which puts it as the 16th most active market in ACT when comparing the number of sales per suburb.
The ACT suburb of Evatt, 2617 is in the Unincorporated ACT local government area.
Evatt, 2617 ranked 39th in ACT when comparing growth in median property values or capital gain over the last 12 months. Evatt is one of 126 in our list for ACT
Situated roughly 20-minutes’ drive from the capital of Canberra is the suburb of Evatt, whose houses have become quite popular over the decade.Full summary
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Situated roughly 20-minutes’ drive from the capital of Canberra is the suburb of Evatt, whose houses have become quite popular over the decade.
Prices peaked at nearly $570,000 over the past 12 months, following 12.6% growth. While the unit market has been declining slightly over a five-year period, rental yields are high at 5%.
The suburb’s central location in the Belconnen supports its growth, since the region has been experiencing a rise. Evatt provides many conveniences and amenities, such as ovals and primary schools, and neighbouring suburbs like Melba and Spence are home to secondary schools, sports facilities and shopping centres. Bus services to the city are also offered.