ACT/
Evatt

Suburb Profile

Evatt - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2617

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 25.27% capital gain.

Property investors in EVATT enjoyed capital gains of 3.13% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $577,500.

Profits due to an upward trend in home prices there averaged 8.42% per annum over a 3-year period.

Home owners selling their properties and realtors in EVATT usually have to wait an average of 76.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $520 mark, reflecting a 4.68% increase in returns based on the current median price in EVATT.

EVATT, 2617 places 45th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $577,500 $442,000
GROWTH REPORT
Median Quarterly 0.7% -7.92%
Median 12 month 3.13% 6.38%
Median 3 years 25.27% 18.1%
Median 5 years 22.87% 13.92%
10 years average annual 4% 3.56%
Weekly media advert. rent $520 $410
Time on Market 76.4 days 35.7 days
Gross Rental Yield Percent 4.68% 4.82%
demographics (median values)
Total Population
5495
Weekly Household Income
1566
Household Size
2.80
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Evatt, ACT
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