Side by sideSuburb comparison

Spence vs Evatt.

Comparing two suburbs with median house prices of $941,000 and $911,000. Evatt edges out on more headline metrics in this comparison.

Evatt (median $911,000) is roughly 3% cheaper to buy into than Spence ($941,000).

Evatt scores higher on walkability (12/100 vs 20/100 ), 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).

The takeWhich suburb suits which buyer

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).

Common questionsSpence vs Evatt

Common questions

Is Spence or Evatt 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 Spence or Evatt 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, Spence or Evatt?

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, Spence or Evatt?

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.

The numbers behind the take

Spence
Metric
Evatt

Price & Market

$941,000
Median house
$911,000
$316,800
Median unit
$655,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$420/wk
Rent (house / wk)
$440/wk
$375/wk
Rent (unit / wk)
$466/wk
78.0%
Owner occupied
76.0%
20.0%
Renter occupied
22.0%

Lifestyle & Demographics

12
Walk score
20
100
Transit score
100
100
Bike score
100
2,587
Population
5,531
38
Median age
37

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1057
Avg ICSEA
1060

Climate

Annual rainfall
Mean max (Jan)

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).