Evandale is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 1,378, the suburb has an established demographic with a median age of 39. Households earn a median income of $97K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Italian.
The median house price in Evandale is $1.2 million, having surged 59% over the past year. The current median weekly rent is $538. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 4,499 incidents per 100,000 population.
From an investment perspective, Evandale offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +59.0% year-on-year.
Evandale is a small community in South Australia within the Norwood Payneham and St Peters local government area (postcode 5069). With a population of 1,378, the suburb has an established demographic with a median age of 39. Households earn a median income of $97K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Italian.
The median house price in Evandale is $1.2 million, having surged 59% over the past year. The current median weekly rent is $538. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Norwood Payneham and St Peters LGA is moderate at 4,499 incidents per 100,000 population.
From an investment perspective, Evandale offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +59.0% year-on-year.