Evatt ACT 2617: Property Market Report & Real Estate Insights

Part of Unincorporated ACT, ACT

Evatt Real Estate Market Outlook

Thinking about buying in Evatt? Now could not be a better time, with 2201 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $833,000 with prices in this suburb ranging from $77,000 to $3,770,000. The approximate distance to the coast is 113 Km.

Living in Evatt

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. Incomes in Evatt are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Evatt 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. Medium density in Evatt necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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

Evatt, located in the northern suburbs of Canberra within the Australian Capital Territory, offers a dynamic and evolving housing market that reflects the broader trends observed in the region. The suburb is characterized by a mix of detached homes, townhouses, and the occasional apartment complex, catering to a diverse range of residents, including families, young professionals, and retirees. In recent years, Evatt has experienced a steady demand for housing, driven primarily by its proximity to Canberra's central business district and the presence of well-regarded local schools and amenities. Property values in Evatt have seen moderate appreciation, aligning with Canberra's overall strong market performance, driven by factors such as stable employment opportunities and a high quality of life in the capital city. For prospective buyers, the suburb offers a relatively affordable entry point into the Canberra property market, with a variety of housing styles that appeal to different tastes and budgets.

Living in Evatt presents a comfortable and community-focused lifestyle, appealing to those who appreciate suburban tranquility with access to urban conveniences. The suburb is well-equipped with local shops, parks, and recreational facilities, making it an attractive location for families and individuals seeking a balanced lifestyle. Its close-knit community vibe is evident through numerous community events and activities hosted throughout the year, fostering a sense of belonging among residents. Evatt's strategic location offers excellent connectivity to key areas of Canberra, with reliable public transport options and major roadways that facilitate ease of travel. The nearby Belconnen Town Centre further enhances the living experience with its vast array of shopping, dining, and entertainment options. Overall, Evatt provides a welcoming environment, ideal for those looking to enjoy a peaceful suburban life with the benefits of city accessibility.

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