Mount Evelyn — Houses

NEUTRAL
VIC 3796 House Rank #105 of 263 in Melbourne
$963K
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
118 buyers/listing
Strong
LIQUIDITY
23d DOM
Strong
AFFORDABILITY
7.2% vs 5yr
Neutral
GROWTH OUTLOOK
Below average
Weak
YIELD
3.7%
Neutral
SUPPLY PRESSURE
1.1% vacancy
Strong
#105/263 Below average Structure 17 $963K

Atlaso rates Mount Evelyn houses as HOLD. Average growth outlook. Vacancy remains tight at 1.14%, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.

At $963K, Mount Evelyn ranks #105 of 263 houses in Melbourne. The long-term structural outlook is Below average. Buyer demand is strong with 118 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Mount Evelyn Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-7.3%
Asking Prices (3mo)
+0.6%
Rents (12mo)
0.9%
Vacancy
63%
Fresh Stock (<30d)

House Asking Prices (12 months)

$883K

House Weekly Rents (12 months)

$677/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3796.

Suburb Profile

Mount Evelyn at a Glance

SEIFA Index
7/10
Above average
Household Income
$2,045/wk
Median household
Median Age
38
Years
Mortgage Stress
23%
of income
Population Growth
-0.0%
vs state +2.2%
Ownership Mix
30.1% owned 56.8% mortgage 11.2% renting

Demographic Trends

Mount Evelyn Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Mount Evelyn Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Mount Evelyn a good suburb to invest in?
Atlaso rates Mount Evelyn as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mount Evelyn and 46 Australian cities to generate this rating.
What is the median house price in Mount Evelyn?
The current median house price in Mount Evelyn, vic is $963K, with annual growth of +7.5%. Properties sell in approximately 23 days.
How fast do properties sell in Mount Evelyn?
Properties in Mount Evelyn sell in 23 days on average. The market is currently rated Below average. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Mount Evelyn?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mount Evelyn's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mount Evelyn?
The gross rental yield for houses in Mount Evelyn is 3.7%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).