Mount Evelyn is a mid-sized suburb in Victoria within the Yarra Ranges local government area (postcode 3796). With a population of 9,799, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Evelyn is $825,000, having dipped slightly 0.6% over the past year. Units have a median price of $785,000 (+24.4% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Mount Evelyn is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1028, which is around the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Mount Evelyn offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($825K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved -0.6% year-on-year.
Mount Evelyn is a mid-sized suburb in Victoria within the Yarra Ranges local government area (postcode 3796). With a population of 9,799, the suburb has an established demographic with a median age of 38. Households earn a median income of $106K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Mount Evelyn is $825,000, having dipped slightly 0.6% over the past year. Units have a median price of $785,000 (+24.4% YoY). The current median weekly rent is $525. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Mount Evelyn is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1028, which is around the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Mount Evelyn offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($825K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved -0.6% year-on-year.