Evatt vs Spence
Evatt (median $911,000) is roughly 3% cheaper to buy into than Spence ($941,000).
Buying in Evatt or Spence?
Selling in Evatt? The free selling guide
Evatt and Spence side by side
| Measure | Evatt | Spence |
|---|---|---|
| Price and market | ||
| Median house | $911,000 | $941,000 |
| Median unit | $655,000 | $316,800 |
| Renting | ||
| House rent | $440/wk | $420/wk |
| Unit rent | $466/wk | $375/wk |
| Owner occupied | 76.0% | 78.0% |
| Renter occupied | 22.0% | 20.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1060 | 1057 |
| Lifestyle and people | ||
| Walk score | 20 | 12 |
| Transit score | 100 | 100 |
| Bike score | 100 | 100 |
| Population | 5,531 | 2,587 |
| Median age | 37 | 38 |
| Climate | ||
| Annual rainfall | 668 mm | 668 mm |
| Mean max, January | 29.4°C | 29.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Evatt scores higher on walkability (20/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Evatt (1060) sits above Spence (1057).
- For buyers
- Evatt is the lower entry point at $911,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Evatt offers the higher gross rental yield (2.51% vs 2.32%), favouring cash-flow investors.
- For families
- Evatt edges out on average school ICSEA (1060 vs 1057).
Evatt vs Spence: common questions
Is Evatt or Spence cheaper to buy in?
Evatt has the lower median house price at $911,000, roughly 3% below Spence ($941,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Evatt or Spence have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Evatt scores 1060 vs 1057 in Spence. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Evatt or Spence?
Evatt scores 20/100 on walkability vs 12/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Evatt or Spence?
Gross rental yield on houses is 2.51% in Evatt vs 2.32% in Spence. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
Choosing between Evatt and Spence?
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