Suburb Profile Report for Evatt ACT (2617)

Evatt House: Median price $547,000, Annual capital growth 4.98%, Number of sales 65, Weekly median advertised rent $450

Evatt Unit: Median price $405,000, Annual capital growth 3.90%, Number of sales 11, 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 5.15% over the last 12 months.

If we look at median property appreciation over just the last three months, Evatt has given property investors a paper return of -1.44%. This puts Suburb as 69 on a list of fastest fasting appreciating suburbs in ACT

Our latest figures would indicate that property sellers in Evatt are currently offering property investors an average price cut of -3.16% below the asking price at the moment.

In the last year 65 properties changed hands in Evatt, which puts it as the 16th most active market in ACT when comparing the number of sales per suburb.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.98%, investors should hope to achieve an overall return of 4.28%

Giving property investors a an unimpressive capital gain of -0.92% for the last year, Evatt, 2617 is the 1170th highest performer in Australia in this respect.

Across a shorter period, Evatt, 2617 has seen a median price increase of -0.92% over the last quarter.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Metrics i HOUSE UNIT
$547,000 $405,000
-1.44% -0.92%
11.41% -0.92%
4.98% 3.90%
$450 $400
65 11
4.28% 5.14%
68.37 N/A

Source: CoreLogic

DSR Score for property investment : 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