Evatt is in the TOP 10% in ACT when comparing median price capital growth over the last year. Evatt gave property investors a very good capital gain figure when compared to the rest of the state, with 14.26%.
Across a shorter period, Evatt, 2617 has seen a median price increase of 5.49% over the last quarter.
Evatt2617 is located in ACT which offers an average discount of -3.62% to property investors. Evatt itself is showing figures that indicate -2.96% is the average achievable by property buyers investing in the suburb.
Evatt is in the TOP 10% in ACT when comparing median price capital growth over the last year. Evatt gave property investors a very good capital gain figure when compared to the rest of the state, with 17.28%.
The five-year average increase in median property values for Evatt,2617 has given property investors a potential capital gain of 25.00% across each of those five years.
A $427.5 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 3.99%.
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May 2017
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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.Full summary
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.
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