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Evandale suburb profile

Evandale is a charming suburb located in the inner eastern region of Adelaide, South Australia. Known for its picturesque streets and heritage homes, Evandale offers a peaceful residential atmosphere while being conveniently close to the city center. The suburb is characterized by its well-preserved architecture and lush greenery, making it an attractive location for families and professionals seeking a serene yet accessible lifestyle. With its proximity to parks, schools, and local amenities, Evandale provides a harmonious blend of suburban tranquility and urban convenience, appealing to those who appreciate a community-oriented environment.

Evandale property market performance

Evandale's property market has shown some interesting trends over the past 12 months. House values have increased by 10.6%, while unit values have remained stable with no change. Despite this growth in house values, the median house and unit prices are currently unavailable, indicating a potential lack of recent sales data. Only 2 houses and 1 unit were sold in the past year, suggesting limited market activity.

The median days on market for both houses and units are reported as zero, which may reflect either rapid sales or insufficient data to determine an average. In terms of rental performance, the average rent for houses has increased by 3.2% to $640, while units have seen a 4.9% rise, reaching $493, indicating a steady demand in the rental market.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
10.6%N/A
Sold
Past 3 months
21
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$640$493
Change in rent
Past 12 months
3.2%4.9%

5 year median price trend for houses and units

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Evandale demographics

Evandale, nestled in the inner eastern suburbs of Adelaide, offers a charming blend of suburban tranquility and urban convenience. With a population of 1,378, this small yet vibrant community is characterized by its leafy streets and welcoming atmosphere. The median age of 39 suggests a mature population, with a mix of families, professionals, and long-term residents who appreciate the suburb's peaceful environment and proximity to the city center.

Family life is a cornerstone of Evandale, with 45.6% of households being couple families with children, and 41.6% being couple families without children. This balance reflects the suburb's appeal to both young families and those whose children have grown up. The presence of one-parent families, making up 12% of the community, adds to the suburb's diverse family dynamics.

In terms of property ownership, Evandale presents a balanced housing market. A significant portion of homes, 31.7%, are owned outright, indicating a stable community with long-term residents. Meanwhile, 35.6% of properties are owned with a mortgage, showcasing opportunities for new homeowners. The rental market, comprising 32.8% of properties, provides flexibility for those not yet ready to buy, including young professionals and students.

Overall, Evandale's blend of family-friendly living, convenient location, and diverse housing options make it an attractive choice for those seeking a harmonious lifestyle within reach of Adelaide's bustling city life.

Evandale infrastructure, key developments and investment opportunities

Evandale’s property market is supported by its inner-east location, with quick access to the Adelaide CBD, Norwood and major arterial roads making it attractive to buyers who value convenience and connectivity. The suburb also benefits from nearby bus services and established local amenities, which helps underpin steady demand from both owners and investors.

There are no major redevelopment or transport projects currently evident in the available information that would materially change Evandale’s market outlook. Its appeal remains driven by proximity to desirable surrounding precincts, walkable access to shops and services, and a well-established residential character. These factors generally support long-term livability and ongoing buyer interest.

Evandale rental market trends

The rental market in Evandale has experienced moderate growth, with house rents increasing by 3.2% over the past year to $640 per week, while unit rents have risen by 4.9% to $493 per week. This steady growth reflects the suburb's appeal, offering a balanced mix of affordability and convenience for both renters and investors.

Suburbs near Evandale

Some popular suburbs near Evandale include:

How does Evandale compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Evandale have grown 0.4% higher than in Joslin.
  • Investment considerations: In Evandale, the rental yield for house is 1.6% higher than the Adelaide average, while the rental yield for units is 0.2% higher.
  • House price growth: Over the past 12 months, house prices in Evandale have grown 27.3% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Evandale have grown 10.8% higher than the average rate of growth for units across Adelaide.

Common questions about Evandale

  • Is Evandale a nice place to live?

    Evandale is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. With its charming streets and heritage homes, the suburb exudes a peaceful vibe that is perfect for those seeking a tranquil lifestyle. The community is known for its welcoming atmosphere, where families can thrive and enjoy the benefits of suburban living while still being conveniently close to the heart of Adelaide. The lush greenery and well-preserved architecture add to the suburb's appeal, creating a picturesque setting that residents cherish.

    Living in Evandale means having easy access to a range of amenities, including parks, schools, and local shops, which cater to the needs of families and professionals alike. The suburb's proximity to the city center ensures that residents can enjoy the best of both worlds—suburban tranquility and urban convenience. Safety is generally not a concern in this peaceful enclave, allowing families to feel secure as they go about their daily lives. For those who enjoy outdoor activities, the nearby parks provide ample opportunities for recreation and relaxation.

    However, living in Evandale does come with a few trade-offs. While the suburb offers a serene lifestyle, it may not have the vibrant nightlife or trendy cafes found in more urban areas. Additionally, the demand for property in this desirable location can lead to competitive real estate prices. Despite these considerations, Evandale remains an attractive choice for families who value a strong sense of community and a harmonious lifestyle. Its blend of suburban charm and urban accessibility makes it a unique and appealing place to live.

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  • Is it expensive to live in Evandale?

    Evandale, while charming and well-situated, presents a unique scenario in terms of living expenses. With the median household income reported at $1,864 per week, this suburb stands out as a place where residents generally earn more than the average South Australian household. The average personal wage in Evandale is about $55,000 per year, which is slightly above the state average, indicating a relatively comfortable earning environment for its residents.

    However, when it comes to housing, Evandale presents an interesting case. Currently, there is no available data on the median house or unit prices, which could suggest a scarcity of available properties or a rapidly changing market. For those considering renting, the average rent for houses is $640 per week, and for units, it is $493. These rental prices are relatively high compared to other areas, suggesting that while the income levels are decent, a significant portion of earnings might still go towards housing costs.

    Overall, living in Evandale could be considered somewhat expensive, especially in terms of rental costs. If you're thinking of living in Evandale, it's important to weigh the higher rental prices against the benefits of residing in a suburb with a higher-than-average income level and assess whether your financial situation can comfortably accommodate these expenses.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Evandale a good place to invest?

    Evandale presents an intriguing investment opportunity, especially for those interested in the housing market. Over the past year, the suburb has experienced a notable 10.6% increase in median house values, indicating strong demand and potential for capital growth. This upward trend suggests that Evandale is becoming increasingly desirable, which could be attributed to its appealing location and community vibe.

    While the median unit values have remained stable, the rental market for units has seen a 4.9% increase, suggesting a healthy demand for rental properties. This could be appealing for investors looking for steady rental income. The rental market for houses has also grown by 3.2%, further highlighting the suburb's attractiveness to renters.

    Overall, Evandale offers a promising mix of capital growth potential and rental yield, particularly for houses. Its stable unit market and increasing rental demand make it a balanced choice for investors seeking both growth and income. With its appealing characteristics and recent market performance, Evandale stands out as a solid investment option.

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Choose the right real estate agents in Evandale

Choosing the right real estate agent in Evandale can have a big impact on your sale. While there are 20 real estate agents working in the suburb, but just 5 of them were responsible for 42.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.13% to 2.5%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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