Located in Australian Capital Territory within the Unincorporated ACT local government area, Evatt is a medium-sized suburb (postcode 2617). The area has roughly 5,531 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. ACT employment has moved -0.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. ACT also had 6 Commonwealth-backed major projects under construction, 1 underway, and 7 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and education. The top ancestries reported are Australian, English, Irish.
Evatt has a median house price of $911,000, which has increased by 3.5% year-on-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.
On the investment side, Evatt shows a gross rental yield of approximately 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. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.