Evandale
With a median age of 53, Evandale sits 13 years above the national figure, making it one of Tasmania's most age-skewed communities outside retirement corridors. Only 1,265 residents occupy 108 square kilometres at a density of 11.7 per km2, producing a setting that is rural in character but not remote. Household incomes rank at the 26.9th percentile nationally, yet 53.2% of dwellings are owned outright, the highest outright-ownership share in comparable Tasmanian towns, pointing to a long-settled, asset-rich population that paid down mortgages decades ago. The dominant stock is detached houses at 95.1%, and Healthcare accounts for 24.4% of local employment, double the share of any other industry.
Population
1,265
Median Age
53.0
Household IncomeiMedian weekly household income (ABS Census)
$1,228/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$565K
YTD 2026
The median house price sits at $565,000 in YTD 2026, which is 18.4% below the 2024 peak of $692,500. That correction follows a sharp run-up from $572,000 in 2025, itself down from the $692,500 peak, giving buyers entry at a lower level than the past two years. The mortgage-to-income ratio of 24.4% stays below the 30% stress threshold, making repayments manageable relative to local incomes. Separate houses are 95.1% of stock, so buyers face little competition from apartments. With 80% of dwellings having 3 or more bedrooms and only 16.6% of residents renting, stock turns over slowly, so buyers should expect limited listings. The price-to-peak gap of 17.4% offers a margin relative to recent highs, though buyers should note the broader Tasmanian regional market has softened.
For Buyers
The median house price sits at $565,000 in YTD 2026, which is 18.4% below the 2024 peak of $692,500. That correction follows a sharp run-up from $572,000 in 2025, itself down from the $692,500 peak, giving buyers entry at a lower level than the past two years. The mortgage-to-income ratio of 24.4% stays below the 30% stress threshold, making repayments manageable relative to local incomes. Separate houses are 95.1% of stock, so buyers face little competition from apartments. With 80% of dwellings having 3 or more bedrooms and only 16.6% of residents renting, stock turns over slowly, so buyers should expect limited listings. The price-to-peak gap of 17.4% offers a margin relative to recent highs, though buyers should note the broader Tasmanian regional market has softened.
For Investors
A rental vacancy rate of 9.6% is high by national standards, signalling that rental demand is thin relative to supply in this small market of 1,265 people. Weekly rent of $285 against a $565,000 median implies a gross yield near 2.6%, low for a regional Tasmanian suburb. Only 16.6% of residents rent, well below the national average, because 83.5% either own outright or carry a mortgage, leaving a shallow tenant pool. No development applications were lodged in the past 12 months, so supply pressure from new builds is absent, but demand is equally constrained. The CAGR of 6.8% over 29 years from a $85,000 base in 1996 to $572,000 in 2025 supports the long-term capital growth case, though the 17.4% fall from the 2024 peak means timing matters more than in higher-turnover markets.
Schools in Evandale iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Evandale Primary School
K-6 · 101 students
Demographics
The median age of 53 is 13 years higher than the national median, placing Evandale firmly in an aging demographic tier. Overseas-born residents make up 13.0% of the population, which is 8.6 percentage points below the national figure, reflecting the suburb's Anglo-Celtic character: English ancestry leads at 600 residents, followed by Scottish (181) and Irish (125). University qualifications reach 27.5%, a slight 2.6 points below the national average. Average household size is 2.2, compared to the national 2.5, consistent with the dominant household type of couples without children, which accounts for 40.8% of families. The community has low mobility, with 87.3% of residents having lived in the suburb for at least a year, compared to higher turnover rates typical of urban centres.
Age Distribution
Bedrooms
Dwelling Structure
95.1%
Houses
N/A
Townhouse
4.9%
Apartment
Tenure
Evandale's housing stock is almost entirely detached houses at 95.1%, with apartments making up just 4.9%. The most common dwelling size is 3 bedrooms at 53.5%, followed by 4-plus bedrooms at 26.4%. Tenure skews strongly toward ownership: 53.2% own outright and 30.3% carry a mortgage, while only 16.6% rent, well below the national renter share. Rent-to-income is 23.2%, below the 30% stress level. The median house price fell to $565,000 in YTD 2026 from a peak of $692,500 in 2024, a 17.4% correction. Over the long term, prices grew from $85,000 in 1996 to $572,000 in 2025, a CAGR of 6.8% across 29 years. Monthly mortgage repayments average $1,300, modest compared to mainland state capitals.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,300
Rent / wk
$285
HH Size
2.2
Personal Income / wk
$645
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
9.6%
Unoccupied
57
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.4%
Community Profile
Ancestry
Household Composition
40.8%
Couples, no children
990
Total families
Economy & Employment
Healthcare dominates local employment at 24.4% of workers (85 people), more than double the share of the next-largest sectors, Education at 10.9% and Construction at 10.3%. Agriculture employs 10.0% of the workforce, a proportion higher than most Tasmanian suburban profiles, reflecting the rural landholding base of the 108 km2 area. By occupation, Professionals lead at 111 workers and Managers at 106, together comprising the majority of employed residents. The full-time employment rate is 59.3% and unemployment sits at 5.1%. The participation rate of 51.5% is lower than the national average, because 440 residents are not in the labour force, consistent with the aged demographic profile. The IRSAD decile of 4 and IEO decile of 3 indicate below-average socioeconomic advantage compared to national benchmarks.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.3%
Part-time
35.6%
Participation
51.5%
Employed
535
Occupations
Top Industries
University
27.5%
Postgraduate
7.6%
Born Overseas
13.0%
Dwellings
531
Transport to Work
Car dependence is very high at 90.9% of commuters, higher than the state average for regional Tasmania, with only 4.1% walking or cycling. No schools are recorded within the suburb boundary, so families rely on schools in Launceston and surrounding areas. Crime data is not available for this suburb. The IRSAD decile of 4 and IRSD decile of 5 place Evandale in the below-average to mid-range band nationally for disadvantage and socioeconomic resources. A volunteering rate of 23.8% is above the national average, indicating strong community participation despite the small population of 1,265. Rent-to-income at 23.2% and mortgage-to-income at 24.4% are both below the 30% stress threshold, keeping housing costs manageable for residents who already own.
Drive
90.9%
Public Transport
N/A
Walk / Cycle
4.1%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Evandale compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Evandale a good suburb to live in?
Evandale suits owner-occupiers seeking a quiet, rural Tasmanian setting. With 53.2% of dwellings owned outright and a mortgage-to-income ratio of 24.4%, housing costs are manageable. The trade-offs are a small population of 1,265, no schools recorded within the suburb, and 90.9% car dependence due to limited public transport. IRSAD ranks at decile 4, below the national median.
What is the median house price in Evandale?
The median house price is $565,000 as of YTD 2026, down from a peak of $692,500 in 2024, a correction of 17.4%. Long-term growth has been strong, with prices rising from $85,000 in 1996 at a CAGR of 6.8% over 29 years. Monthly mortgage repayments average $1,300.
What schools are in Evandale?
No schools are recorded within the Evandale suburb boundary in this dataset. Families typically use schools in nearby Launceston, approximately 18 kilometres away. The local university qualification rate is 27.5%, slightly below the national figure of about 30%.
Is Evandale safe?
Detailed crime statistics are not available for Evandale. As an indicator of the community profile, 87.3% of residents have stayed in the suburb for at least a year, indicating a stable, low-turnover population. Only 5.9% of residents need daily assistance, below national benchmarks. The small population of 1,265 is typical of low-crime rural Tasmanian towns.
Is Evandale good for property investment?
The investment case is mixed. Long-run capital growth averages 6.8% per year over 29 years, but the current median of $565,000 is 17.4% below the 2024 peak of $692,500. A vacancy rate of 9.6% is high and only 16.6% of residents rent, limiting the tenant pool. Weekly rent of $285 implies a gross yield near 2.6% against the $565,000 median.
How is Evandale's population changing?
Evandale has a small, stable population of 1,265 with a low turnover rate of 12.7%. The median age of 53 is 13 years above the national figure, and 440 residents are not in the labour force, consistent with a retiring demographic. Couples without children make up 40.8% of families, and no development applications were lodged in the past 12 months, pointing to flat supply growth.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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