At number 1250th in the list of Australian suburbs ordered by increase in median house value over the last year, Evatt, 2617 is in the top 30% with a property value increase of 6.17% recorded in median house prices.
If we look at median property appreciation over just the last three months, Evatt has given property investors a paper return of 3.72%. This puts Suburb as 27 on a list of fastest fasting appreciating suburbs in 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.