Evandale

POSTAL CODE: TAS, 7212
HOUSE

Property investors have seen a 0% gain in EVANDALE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains EVANDALE, 7212 saw average growth in the long term.

The TAS 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 $650,000

Profits averaged 1% per annum over a 3-year period, due to an upward trend in home prices in EVANDALE, 7212.

This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

The gross rental yield in EVANDALE, 7212 is 3.92%.

An average of 1.67 real estate transactions take place per month in EVANDALE which translates to 20 per annum.

Surburb overview

Evandale, with the postcode 7212, is a charming historic town located approximately 20 kilometres south of Launceston in Tasmania. Known for its well-preserved Georgian architecture, vibrant community events, and picturesque setting, Evandale offers a tranquil lifestyle with easy access to urban amenities. The population of Evandale is around 1,300 residents, primarily consisting of families, professionals, and retirees who appreciate the town’s unique character and serene environment.

Evandale falls under the jurisdiction of the Northern Midlands Council, which ensures well-maintained infrastructure and community services. Public transportation options include bus services connecting Evandale to Launceston and surrounding areas. The town is also easily accessible by car via the Midland Highway, facilitating convenient travel to Launceston and other nearby towns.

Educational facilities in Evandale include Evandale Primary School, which serves the local community and provides a strong educational foundation for young children. For secondary education, students typically travel to nearby schools in Launceston, such as Launceston Church Grammar School and Scotch Oakburn College, offering a range of high-quality educational opportunities.

For shopping and essential services, Evandale residents have access to local shops, cafes, and dining options within the town. The historic buildings along High Street house a variety of boutique stores, galleries, and eateries, contributing to the town’s unique charm. For more extensive shopping and services, residents often travel to Launceston, which offers a wider range of retail stores, supermarkets, and dining options.

Evandale is renowned for its recreational activities and vibrant community events. The town hosts the famous Evandale Sunday Market, attracting visitors from across the region to enjoy fresh produce, handmade crafts, and local entertainment. Another highlight is the annual National Penny Farthing Championship, a unique and popular event that celebrates the town’s historical heritage and attracts participants and spectators from far and wide.

The town’s picturesque setting provides numerous opportunities for outdoor activities. The nearby South Esk River offers fishing, kayaking, and scenic spots for picnicking. The surrounding countryside is ideal for cycling, walking, and exploring the natural beauty of the region. The Evandale Recreation Ground provides sports facilities and spaces for community events and gatherings.

Residents of Evandale benefit from its tranquil rural lifestyle while having access to the amenities and attractions of Launceston. The town’s rich history is reflected in its well-preserved buildings and heritage sites, including St. Andrew’s Church and the Blenheim Inn, which contribute to its distinctive character and appeal.

 

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