Suburb Profile Report for Evatt ACT (2617)

Evatt House: Median price $560,000, Annual capital growth 5.00%, Number of sales 56, Weekly median advertised rent $440

Evatt Unit: Median price $410,000, Annual capital growth 3.23%, Number of sales 15, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Evatt have tracked higher than the ACT average of 5.43% over the last 12 months.

Evatt,2617 has offered an average of 15.17% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Evatt is giving property investors an average Vendor Discount of around -3.78%. This puts suburb at number 29th in ACT when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $5280 per annum or $440 every week.

With a capital gain of 5.13% for the last 12 months, Evatt, 2617 has performed for property investments than its average annual 3.23% property growth over the last 5 years.

The five-year average increase in median property values for Evatt,2617 has given property investors a potential capital gain of 4.59% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Evatt is offering property investors an average of -3.94. This rate of discount on properties puts Suburb at number 39th in terms of most discounted suburbs in ACT

Property investors should expect to get $400 weekly from the median priced house in this suburb.

HOUSE UNIT
$560,000 $410,000
4.28% N/A
15.17% 5.13%
5.00% 3.23%
$440 $400
56 15
4.09% 5.07%
68.25 62.14

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 5414
Median household income ($/weekly) 2014
Median age of persons 35
Median housing loan repayment ($/monthly) 2100
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 739 13.6
    25-34 years 804 14.9
    35-44 years 890 16.4
    45-54 years 720 13.3
    55-64 years 752 13.9
    Others 1509 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 2082 51.9
    Not Married 1526 38.1
    Defacto Relationship 401 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4231 80.2
    Croatia 74 1.4
    Papua New Guinea 54 1.0
    United Kingdom 196 3.7
    Other 248 4.7
    Others 474 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 1.9
    Christianity 3295 65.0
    Hinduism 62 1.2
    Islam 62 1.2
    No Religion 1519 30.0
    Others 32 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 136 7.9
    $1,500-$1,999 243 14.1
    $2,000-$2,499 218 12.7
    $2,500-$2,999 213 12.4
    $3,000-$3,499 216 12.6
    Others 693 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2069 49.3
    Not in the labour force 1019 24.3
    Employed, worked part-time 776 18.5
    Employed, away from work 233 5.6
    Unemployed, looking for work 96 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 452 14.7
    Professionals 769 25.0
    Technicians & trades workers 369 12.0
    Community & personal service workers 293 9.5
    Clerical & administrative workers 625 20.3
    Others 571 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 82 5.8
    Infants/Primary 506 35.9
    Secondary 397 28.2
    Technical or Further Educational Institution 127 9.0
    University or other Tertiary Institutions 271 19.2
    Others 27 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4997 96.1
    Semi-detached, row or terrace house, townhouse 161 3.1
    Flat, unit or apartment 42 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 853 45.3
    Fully owned 640 34.0
    Rented 392 20.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals