EVANDALE ranks 180th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 6.79% for the past year is lower than average compared to its 45.16% growth within a five-year period.
Also in EVANDALE, the median home price is sitting at $818,000, and the average rent at $522.5, this suggests property owners could potentially earn a 3.32% increase in gross rental yield.
Property investors have seen a 0.25% gain in EVANDALE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.29% growth over a ten-year period. It ranks 1783rd on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in EVANDALE, 5069 translates to a -14.15% capital gain.
EVANDALE, 5069 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 $359,500.
Augmented property values in EVANDALE are trailing behind the SA average of 2.47% for the past year.
Real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
Home owners selling their properties and realtors in EVANDALE usually have to wait an average of 83.4 days days before their assets are lifted off the market.
EVANDALE ranks 72nd on the list of best yielding suburbs for rental properties in SA, posting a 4.92% return.