ACT/
Evatt

Suburb Profile

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

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 10.56% capital gain.

Property investors in EVATT enjoyed capital gains of 6.52% 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 $547,250.

Profits due to an upward trend in home prices there averaged 3.52% per annum over a 3-year period.

Home owners selling their properties and realtors in EVATT usually have to wait an average of 61.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $470 mark, reflecting a 4.47% increase in returns based on the current median price in EVATT.

EVATT, 2617 places 68th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $547,250 $415,500
GROWTH REPORT
Median Quarterly -1.84% 1.34%
Median 12 month 6.52% 1.96%
Median 3 years 10.56% N/A
Median 5 years 19.75% 5.19%
10 years average annual 4.57% 3.98%
Weekly media advert. rent $470 $430
Time on Market 61.0 days 66.5 days
Gross Rental Yield Percent 4.47% 5.38%
demographics (median values)
Total Population
5495
Weekly Household Income
1566
Household Size
2.80
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