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Suburb Insights · ACT 2617

Evatt, ACT 2617 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Evatt is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 5,531, making it a smaller community. Located approximately 9 km from the Canberra CBD, Evatt is a middle ring area in Australian Capital Territory. The median household income is $126,256 per year.

Investment Score

84 / 100 Strong

Above-average earnings in Evatt support sustained property values. Close CBD access strengthens tenant appeal and resale value.

Location

Canberra
Evatt
Australian Capital Territory · 2617
9 km from Canberra CBD
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Key Indicators

Postcode
2617

Official Australia Post postcode for Evatt. A postcode may cover multiple suburbs.

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Population
5,531

Usual resident population at the most recent census.

Median weekly rent
$466/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$126,256/yr

Annual median household income (before tax) across all households.

Distance to CBD
9 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
93% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Evatt

Who Evatt Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Australian Capital Territory median.
💼ProfessionalsAround 9 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Australian Capital Territory median, improving cash-flow margins.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Evatt's population of 5,531 sits 45% above the Australian Capital Territory suburb median of 3,808, giving it a wider tenant and buyer catchment than the average ACT locality. At $126,256/year, household income in Evatt is within 2% of the Australian Capital Territory median ($123,916), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $466 equates to $2,019/month — about 101% of the median mortgage repayment of $2,000/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 9 km from the Canberra CBD, Evatt sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Separate houses make up 93% of dwellings — 22 percentage points above the Australian Capital Territory median of 71% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.

Evatt vs Australian Capital Territory Median

How Evatt stacks up against the median of all Australian Capital Territory suburbs in our dataset. Positive values mean Evatt sits above the state median; negative means below.

MetricEvattACT medianΔ vs state
Population5,5313,808+45%
Median household income$126,256/yr$123,916/yr+2%
Median rent (weekly)$466$450+4%
Median mortgage (monthly)$2,000$2,144-7%
Distance to CBD9 km10 km-10%
Separate houses93%71%+22pp

Investor Checklist

Pre-inspection briefing for Evatt — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Solid buy-and-hold profile: a population of 5,531 and household income close to the ACT median ($126,256 vs $123,916) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.

Rental Yield

Strong rental coverage: $466/week (~$2,019/month) covers 101% of the $2,000/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

A dwelling mix skewed to houses (93% vs 71% ACT median) combined with a population of 5,531 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.

Risk Factors

Run the numbers on a Evatt property

Full Property Analysis

30-year projections for Evatt

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Property values in Evatt should track the wider Australian Capital Territory market through 2026, with the $126,256/year median household income (close to the $123,916 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~101% of the typical mortgage ($2,019/month rent vs $2,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 84/100 places Evatt in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Evatt a good suburb for investment?

Evatt scores 84/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 5,531, median household income of $126,256/year and median weekly rent of $466. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Evatt?

The main demand drivers in Evatt are proximity to Canberra (9 km), an above-state-median household income of $126,256/year, a dwelling mix that is 93% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Evatt?

Evatt has a usual resident population of approximately 5,531, compared with a Australian Capital Territory suburb median of 3,808 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Evatt from the Canberra CBD?

Evatt sits 9 km straight-line from the Canberra CBD. This is inner-ring territory — pricing competes directly with established Canberra employment nodes.

What is the median rent in Evatt?

The most recent census recorded a median weekly rent of $466 in Evatt, equating to approximately $24,232/year in gross rental income (state median $450/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Evatt?

The median monthly mortgage repayment in Evatt is $2,000, or approximately $24,000/year (vs $2,144/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Evatt cash-flow positive for investors?

A median weekly rent of $466 works out to $2,019/month, covering 101% of the median mortgage repayment of $2,000/month. That means rent exceeds the median repayment by roughly $19/month, so on these numbers Evatt leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Evatt?

The main risks are interest-rate sensitivity on the $2,000 median mortgage, the broader Australian Capital Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Evatt profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Australian Capital Territory Property Resources