Question 1

Is Evanston Gardens a nice place to live?

Accepted Answer

Evanston Gardens is a practical, quietly suburban neighbourhood in Adelaide’s northern suburbs, with predominantly low-set detached homes on established blocks and a mix of older post-war houses and newer infill. The community of 2,347 people has a median age of 30 and a median household income of $1,504 a week ($78,200 a year). Families make up a large share of households, with couple families with children the largest single group, and most homes are owner-occupied (59.5%) while 40.5% are rented.

Everyday life centres on local shops, schools and community sports reserves, with straightforward commuter links and arterial roads to larger retail centres and the city. Tambelin railway station on the Gawler line serves the suburb, and the Evanston Gardens Community Centre and library at 65 Angle Vale Road provides a civic hub. A state government code amendment naming land in Evanston Gardens is progressing on the PlanSA register to guide rezoning, future infrastructure and the establishment of the Northern Park Lands.

Question 2

Is it expensive to live in Evanston Gardens?

Accepted Answer

Housing costs in Evanston Gardens sit differently for buyers and renters. A typical local household earned $1,504 a week at the last Census. A median house price of $710,000 works out to about 9.1 times a typical local household's annual income, which places buying well above local incomes. Renting a house at $555 a week would take about 36.9% of that weekly household income, a sizeable share of income.

For renters the rent share is the most relevant number, while the price multiple is the key measure for buyers. Whether those figures feel expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Evanston Gardens a good place to invest?

Accepted Answer

The clearest movement in Evanston Gardens over the past 12 months is a sharp fall in house values, down 41.9%. That number describes the change in a house's capital value over the year.

House rents edged up 0.9% over the same period, a slight rise, so rental income for houses was marginally higher even as house prices fell. There isn't enough recent information on units to report their 12-month changes.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$710K	N/A
Change in value Past 12 months	-41.9%	N/A
Sold Past 3 months	27	N/A
Median days on market Past 12 months	58	N/A
Average rent Past 12 months	$555	N/A
Change in rent Past 12 months	0.9%	N/A

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