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  1. Home
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  3. Yarra Ranges
  4. Mount Evelyn

Mount Evelyn 3796

Market analysis for investment properties in Mount Evelyn

Median Price

$891,000

Trend:Accelerating
+5.8%
Median Rent

$620/pw

Trend:Accelerating
+17.0%
Rental Yield

3.62%

Trend:Accelerating
+10.7%
Median DoM

17 Days

Trend:Decelerating
-52.8%
Market Analysis

Why investors are watching Mount Evelyn right now.

Mount Evelyn has a thriving local shopping scene with an emphasis on small businesses and specialty shops. The Mount Evelyn Village shopping precinct offers a range of amenities including cafes, restaurants, boutique stores, and essential services. For larger retail options, residents can easily access nearby retail hubs such as Chirnside Park Shopping Centre, about a 15-minute drive away.

Families in Mount Evelyn have access to a selection of well-regarded schools for their children. The area is home to Mount Evelyn Primary School, providing education for primary-aged students. For secondary education, students may attend nearby schools including Yarra Hills Secondary College and Oxley Christian College, known for their strong academic programs and extracurricular activities.

While Mount Evelyn itself does not have direct train access to the CBD, residents can utilize bus services to connect to Lilydale Station, the nearest train station linking to Melbourne's CBD. The Lilydale train line offers frequent services for commuters. Additionally, there are reliable bus routes that service the area, providing convenient options for those relying on public transport.

Nature lovers will appreciate Mount Evelyn's picturesque surrounds and access to green spaces. The suburb is nestled in the foothills of the Dandenong Ranges, offering residents opportunities for bushwalking, cycling, and enjoying the natural beauty of the region. Nearby attractions such as the Dandenong Ranges National Park and the iconic Puffing Billy Railway further enhance the area's appeal to those seeking a tranquil and green environment.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Mount Evelyn often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Wandin East

53km from center

Median Price

$1.89m

+33.4%

Rental Yield

N/A

Gross annual

Mount Dandenong

50km from center

Median Price

$1.13m

+30.9%

Rental Yield

3.3%

Gross annual

Montrose

41km from center

Median Price

$1.03m

+9.1%

Rental Yield

3.4%

Gross annual

Strategy by LighthousePA

Where will Mount Evelyn be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Mount Evelyn, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
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LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Mount Evelyn
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Investment Insights & FAQ

Frequently asked questions about the Mount Evelyn property market in 2026.

As of March 2026, the Mount Evelyn property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 5.76% and units have grown by 7.18%. These figures reflect the evolving demand within Yarra Ranges, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Mount Evelyn range from $891,000 for houses to $806,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Yarra Ranges region.

For investors targeting cash flow, houses rent for $620 /pw with a 3.62% yield, while units rent for $700 /pw with a 4.52% yield. This rental performance is a key indicator of strong tenant demand within the Mount Evelyn area.

Market Insights Last Updated: March 2026