EVANSTON GARDENS, 5116 ranks 462nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.81% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $667,500.
The upward trend in home prices in EVANSTON GARDENS, 5116 averaged 22.15% per annum over a 3-year period.
Average weekly rents on listings have reached the $550 mark, reflecting a 4.28% increase in returns based on the current median price in EVANSTON GARDENS.
An average of 6.5 real estate transactions take place per month in EVANSTON GARDENS which translates to 78 per annum.
78 properties were sold in EVANSTON GARDENS in 2016, making it the 40th most active market in SA based on total real estate transactions.
EVANSTON GARDENS, 5116 places 231st in Australia based on median property value growth during the quarter.