Payneham vs Evandale.
Comparing two suburbs with median house prices of $1,800,000 and $1,440,000. Evandale edges out on more headline metrics in this comparison.
Evandale (median $1,440,000) is roughly 25% cheaper to buy into than Payneham ($1,800,000). Over the past year, Evandale (+23.6%) ran 23.6 percentage points ahead of Payneham (0%) on house-price growth.
Evandale scores higher on walkability (22/100 vs 40/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Evandale (1110) sits above Payneham (1098). Evandale skews owner-occupied (64%), Payneham runs more rental-dense (54% owner).
For buyers
Evandale is the lower entry point at $1,440,000 median, 25% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Evandale carries both higher gross yield (2.93% vs 1.76%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Evandale edges out on average school ICSEA (1110 vs 1098).
Common questions
Is Payneham or Evandale cheaper to buy in?
Evandale has the lower median house price at $1,440,000, roughly 25% below Payneham ($1,800,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Payneham or Evandale?
Over the past 12 months, Evandale grew +23.6% vs 0% in Payneham, a gap of 23.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Payneham or Evandale have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Evandale scores 1110 vs 1098 in Payneham. 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, Payneham or Evandale?
Evandale scores 40/100 on walkability vs 22/100. 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, Payneham or Evandale?
Gross rental yield on houses is 2.93% in Evandale vs 1.76% in Payneham. 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Payneham against another suburb