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Evans Head
AREA REPORTS

Evans Head

Evans Head - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2473

house
unit

Based on its average 5-year and quarterly capital gains EVANS HEAD, 2473 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that EVANS HEAD, 2473 obtained a 6.18% growth over a ten-year period. It ranks 1105th on our list of suburbs that property investors should look into.

EVANS HEAD, 2473 in NSW belongs to the local government area of Richmond Valley (A).

EVANS HEAD, 2473 has a capital gain of 19.4% for the past year, which is higher than average compared to its 53.22% growth within a five-year period.

With the median home price in EVANS HEAD sitting at $791,000, and the average rent at $500, property owners could potentially earn a 3.29% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in EVANS HEAD are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Evans Head
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $791,000 $497,000
GROWTH REPORT
Median Quarterly 7.62% -2.07%
Median 12 month 19.4% 22.87%
Median 3 years 25.56% 32.53%
Median 5 years 53.22% 30.1%
10 years average annual 6.18% 4.73%
Weekly media advert. rent $500 $350
Time on Market 102.7 days 40.9 days
Gross Rental Yield Percent 3.29% 3.66%
demographics (median values)*
Total Population
3088
Weekly Household Income
889
Household Size
2.10
Age
53
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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