Evatt ACT

Postcode 2617 · Unincorporated ACT LGA

Evatt is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 5,531, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $126K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.

The median house price in Evatt is $911,000, having increased 3.5% over the past year. Units have a median price of $655,000 (-8.1% YoY). The median weekly rent is $466 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,000.

Evatt is served by 3 schools, including 3 primary. The average ICSEA score is 1068, which is above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,374 incidents per 100,000 population.

From an investment perspective, Evatt offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($911K/$1.0M). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +3.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.7% Low Yield
Price vs State$911K/$1.0M Near Median
Affordability7.2x Moderate
Price Momentum+3.5% Stable
INCOME (ATO 2022-23)
Median Income$72,087
Mean Income$79,856
Earners3,809
YoY Change+8.3%
SEIFA INDEX (ABS)
Advantage9/10
Education9/10
Economic7/10
Disadvantage10/10
MEDIAN HOUSE
$911K
3.5% YoY
MEDIAN UNIT
$655K
-8.1% YoY
MEDIAN RENT /WK
$466
POPULATION
5,531
DEMOGRAPHICS
Median Age37
Household Size2.7
HH Income /wk$2,428
Personal Income /wk$1149
Mortgage /mth$2,000
CRIME (Unincorporated ACT LGA)
Crime Rate (per 100k)1,374
Total Incidents76
TRANSPORT
Bus Stops40
SCHOOLS (3)
Avg ICSEA1068
Total Students1,087
Catholic1
Government2
St Monica's Primary SchoolPrimary · Catholic · ICSEA 1080
Miles Franklin Primary SchoolPrimary · Government · ICSEA 1077
Evatt Primary SchoolPrimary · Government · ICSEA 1047
Data: 2024