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Mount Evelyn, VIC 3796
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$900,000
market range $825K-$1.1M
Median Unit
$735,000
list-price estimate
Gross Yield
-
1yr Growth (houses)
+5.1%
market range +0.0% to +7.5%
Investment snapshot for Mount Evelyn
Mount Evelyn has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Evelyn market and investor summary
In Mount Evelyn, VIC 3796, the median house sells for around $900K. House prices have moved +5.1% over the past year and +7.2% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Mount Evelyn: people, income and schools
About 9,799 people live in Mount Evelyn, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age, and 91% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $106,000 a year (about $2,050 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
Families have 19 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Mount Evelyn sits about 38 km from the CBD. It is fairly car-dependent; the suburb scores 37 for walkability and 8 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 9,799
- +1% over 5yr
- Median age
- 38 years
- Median household income
- $106,000/yr
- Households renting
- 9%
- Family households
- 51%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 19
- avg ICSEA 1022
- Unemployment
- 3.6%
- Distance to CBD
- 38 km
- Walk score
- 37/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mount Evelyn
View all →Frequently asked questions about Mount Evelyn
What should I check before investing in Mount Evelyn?
Mount Evelyn has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +5.1% in the past year shows positive recent price momentum. Tight rental market (0.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mount Evelyn?
The median property price in Mount Evelyn, VIC 3796 is $900K for houses.
What does recent house price growth show for Mount Evelyn?
House prices in Mount Evelyn are up 5.1% over the past year and up 7.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mount Evelyn?
The current vacancy rate in Mount Evelyn is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Mount Evelyn?
Mount Evelyn has a population of approximately 9,799 residents, with a median age of 38.
What schools are near Mount Evelyn?
There are 19 schools within roughly 5km of Mount Evelyn. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mount Evelyn affordable to buy in?
A median house in Mount Evelyn costs about 8.5 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Mount Evelyn's population growing?
The population of Mount Evelyn has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Mount Evelyn from the CBD?
Mount Evelyn is about 38 km from the CBD.
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