Suburb Profile Report for Evans Head NSW (2473)

Evans Head House: Median price $482,500, Annual capital growth 2.06%, Number of sales 38, Weekly median advertised rent $435

Evans Head Unit: Median price $352,000, Annual capital growth 2.19%, Number of sales 53, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -7.21% for the last 12 months, Evans Head, 2473 has performed for property investments than its average annual 2.06% property growth over the last 5 years.

The five-year average increase in median property values for Evans Head,2473 has given property investors a potential capital gain of 20.70% across each of those five years.

The most recent median price for Evans Head is $482500, with sellers offering an average of -5.21% off the asking price.

At number 3088 in a list of fastest selling suburbs, Evans Head is in the bottom 20% of suburbs in Australia with an average of days on market 117.29 for properties listed there.

A $435 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 2.06%.

Evans Head, 2473 ranked 499th in NSW when comparing growth in median property values or capital gain over the last 12 months. Evans Head is one of 3163 in our list for NSW

While Evans Head,2473 ranked number 475th in NSW for increase in median house value (annualised) increase, it is ranked 458th over the last 5 years.

Sellers are offering property buyers an average discount of -2.55% to buyers in Evans Head at the moment, which is less than average for the rest of NSW.

In the last year 53 properties changed hands in Evans Head, which puts it as the 264th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$482,500 $352,000
-3.26% -2.22%
-7.21% -4.22%
2.06% 2.19%
$435 $350
38 53
4.69% 5.17%
117.29 66.25

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2729
Median household income ($/weekly) 700
Median age of persons 49
Median housing loan repayment ($/monthly) 1305
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 292 10.7
    45-54 years 422 15.5
    55-64 years 412 15.1
    65-74 years 330 12.1
    75-84 years 281 10.3
    Others 992 36.4
    Age Group
    Census Count Percent(%)
    Not Married 926 45.7
    Registered Married 906 44.7
    Defacto Relationship 196 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2393 92.5
    Papua New Guinea 26 1.0
    United Kingdom 71 2.7
    United States of America 23 0.9
    Other 14 0.5
    Others 59 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1885 76.4
    No Religion 554 22.5
    Buddhism 18 0.7
    Other Religious Groups 10 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 145 13.6
    $400-$599 211 19.8
    $600-$799 153 14.3
    $800-$999 133 12.5
    $1,000-$1,249 88 8.2
    Others 337 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1144 53.1
    Employed, worked full-time 502 23.3
    Employed, worked part-time 340 15.8
    Unemployed, looking for work 98 4.5
    Employed, away from work 72 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 152 16.6
    Technicians & trades workers 132 14.4
    Community & personal service workers 143 15.6
    Sales 115 12.5
    Labourers 112 12.2
    Others 263 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 57 10.6
    Infants/Primary 185 34.4
    Secondary 174 32.3
    Technical or Further Educational Institution 59 11.0
    University or other Tertiary Institutions 50 9.3
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1608 63.8
    Semi-detached, row or terrace house, townhouse 448 17.8
    Flat, unit or apartment 361 14.3
    Caravan, cabin, houseboat 87 3.5
    House or flat attached to a shop, office 15 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 513 44.5
    Fully owned 448 38.8
    Being purchased 187 16.2
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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