SA5069· Pop. 8,387Norwood Payneham and St Peters

EVANDALE

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

56

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$2,400,000

SA Gov · 2026

Rent yield

1.3%

computed from govt data

Annual growth

67.5%

annualised from govt data

Vacancy rate

0.7%

modelled estimate

AI insights for EVANDALE

Investment analysis, risks & comparisons

PREMIUM

EVANDALE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from SA Gov · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$590/wk

SA Housing Trust · Q1 2026

Demand change

+9.3%

annual shift

Yield × growth index

34.4

combined signal

Net yield (est.)

1.06%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+7.1%

est. compound, long-run avg

10-yr growth (CAGR)

+10.9%

est. compound, long-run avg

Rental demand

64 / 100

Strong demand

Supply pipeline

Est.

3.7%

new dwellings approved / stock · Modelled estimate

High supply risk

5-year price history

2020
$989k
2021
$1705k
2022
$1100k
2023
$1326k
2024
$1343k
2025
$1433k
2026
$2400k

Source: SA Gov · 2026 · all sources

Market overview

EVANDALE is a metropolitan SA suburb with strong capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro SA suburb with strong infrastructure and transport
  • Rental yield 1.3% with stable tenant demand
  • High annual growth of 67.5% — outperforming state average
  • Very low vacancy rate — high rental demand

Risk factors

  • High entry price may limit buyer pool
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,976/wk

$85k taxable p.a.

Renters

31.1%

64.6% owner-occupier

Median age

41.0 yrs

Unemployment

2.3%

Population growth

+2.7% p.a.

Investor-owned

18.0%

of all dwellings (ATO)

Houses

10%

78% apartments

Degree qualified

38.7%

bachelor's or higher (ABS)

Work from home

31.3%

of employed residents (ABS Census)

Median lot size

170 m²

Apartment/strata

Household size

2.2 persons

avg per dwelling (ABS Census)

Short-term rental

5.8%

Some Airbnb activity

Market activity

Distance to CBD

3.1 km

Inner city

Days on market

29 days

Normal turnover

Auction clearance

68.0%

Strong demand

Walkability

82 / 100

Walker's paradise

Coastal proximity

11.8 km

Coastal fringe

NBN technology

FTTN

Standard — fibre to node

Population density

12,732/km²

Very dense urban

Schools in postcode 5069

🏫1 Primary📚1 Combined
ACARA 2025

🏫Primary (1)

East Adelaide School

Government · Yrs R-6

ICSEA 1117

📚Combined (1)

St Peter's College

Independent · Yrs R-12

ICSEA 1164

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
75/ 100

0.7 offences / 100 persons

Source: SA Police · 2024-25

School quality

Top tier
1141ICSEA · national avg 1000

2 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
49/ 100
🚆 1 train🚌 16 bus

Source: State GTFS feeds

Gentrification signal

25

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in EVANDALE

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