Suburb Profile Report for Evatt ACT (2617)

Evatt House: Median price $536,500, Annual capital growth 5.10%, Number of sales 54, Weekly median advertised rent $430

Evatt Unit: Median price $410,000, Annual capital growth 4.31%, Number of sales 18, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Evatt, 2617 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 10.33%.

Over the longer term, Evatt has seen property prices show investors a 14.15% return over the last 3 years. This is worse than over the last 12 months

Evatt, 2617 is offering ACT ‘s 36th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.

Situated 9.24km from the CBD, Evatt is one of Unincorporated ACT localities in the postcode 2617.

If you compare the increase in value of investment property in Evatt, 2617 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 7.61%.

A 4.59% growth in median value for property investors in Evatt,2617 puts this suburb at number 28th in terms of best performing suburbs in ACT

Property investors looking for a bargain in Evatt should be aiming for at least -2.28% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Evatt the average time real estate has been on the market is 65.25 days.

HOUSE UNIT
$536,500 $410,000
5.20% 0.61%
10.33% 7.61%
5.10% 4.31%
$430 $380
54 18
4.17% 4.82%
67.77 65.25

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (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