All About Evandale, Norwood Payneham And St Peters, SA, 5069

Evandale, situated within the City of Norwood Payneham and St Peters in South Australia, boasts a housing market that reflects its charming suburban appeal. With its heritage-style homes and leafy streets, Evandale attracts a mix of families, young professionals, and retirees. The housing market here is characterized by a blend of well-preserved period homes and modern developments, offering something for various tastes and budgets. Property prices have seen a steady appreciation, largely due to the suburb's proximity to Adelaide's CBD, which is just a short drive or cycle away. This makes Evandale an attractive option for those seeking a balance between tranquil suburban living and accessibility to city amenities.

Living in Evandale provides residents with a serene environment complemented by a sense of community. The suburb is noted for its beautiful parks and green spaces, such as Hannaford Park, providing plenty of opportunities for outdoor activities and family gatherings. Local amenities include excellent schools, cafes, and specialty shops along nearby main streets. Community events held throughout the year foster a strong sense of belonging among residents. The area is well-served by public transport, making it convenient for commuting or exploring nearby attractions. Overall, Evandale offers a relaxed lifestyle with the added benefits of urban conveniences close at hand.

Evandale Real Estate Market Outlook

Thinking about buying in Evandale? Now could not be a better time, with 813 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,047,000 with prices in this suburb ranging from $297,000 to $4,723,000. The aproximate distance to the coast is 11 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Evandale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Evandale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Evandale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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