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Evans Head

NSW 2473LGA: Richmond Valley

Investment Score

74

/100

AI Intelligence Summary

Evans Head is a small coastal town in NSW's Richmond Valley, offering a relaxed beachside lifestyle approximately 35km from the Pacific Highway. With a population of around 3,000 permanent residents that swells during holiday periods, the town attracts retirees, sea-changers, and families seeking an affordable coastal alternative. The property market is driven by strong demand for coastal living, with limited land supply supporting steady growth. The community revolves around fishing, boating, and beach activities, with Evans Head Public School serving local families while secondary students travel to nearby towns. Infrastructure is basic but adequate, with NBN coverage and recreational aviation facilities, though public transport is limited. The town offers excellent beaches, fishing opportunities, and community facilities like the RSL and Bowling Club. Investment prospects are solid for coastal NSW, supported by ongoing demand from Brisbane and Sydney buyers seeking lifestyle properties. The annual Fishing Classic and strong recreational boating community highlight the town's maritime character. While employment opportunities are limited locally, the affordable property prices and coastal lifestyle continue to attract new residents and investors.

Strengths

  • Beautiful coastal location with excellent beaches and fishing
  • Affordable property prices compared to other NSW coastal towns
  • Strong community spirit with active RSL and recreational clubs
  • Limited land supply supporting property value stability

Opportunities

  • Growing sea-change trend from Brisbane and Sydney
  • Tourism development potential around fishing and boating
  • NBN infrastructure supporting remote work opportunities
  • Potential for boutique accommodation and hospitality

Considerations

  • Limited employment opportunities requiring commuting
  • No public transport connections to major centres
  • Secondary school students must travel to other towns
  • Variable mobile phone coverage in some areas

Property Market

Median House

$485K

+11.2% 1yr

Median Unit

$320K

+9.8% 1yr

Rent (House)

$390/wk

Rent (Unit)

$315/wk

Days on Market

38

Vacancy Rate

3.2%

Auction Clearance

68.0%

Price Growth

Type1 Year3 Year5 Year
House+11.2%+28.5%+42.8%
Unit+9.8%+24.2%+38.5%

Rental Yields

House Yield

4.2%

Unit Yield

5.1%

Investment Scorecard

Overall Investment Score74/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)68/100
Affordability Index68/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Evans Head at median house price

Standard transfer
$16,355
First Home Buyer
Exempt

Save $16,355

Foreign buyer surcharge
$38,800

+8% surcharge

Annual rent income
$20,280

$390/wk

Interest (80% LVR @ 6.5%)
-$25,220
Other expenses (~2.5%)
-$12,125
Net rental position
-$17,065

Negatively geared

Tax benefit (39% MTR)
+$6,655

Reduces taxable income

After-tax holding cost
$10,410/yr

~$200/week

Based on 8.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$731,292
Capital gain
$227,512
After discount
$113,756
CGT payable
$44,365

10-Year Hold

Est. value
$1.10M
Capital gain
$598,876
After discount
$299,438
CGT payable
$116,781

Investor Quick Summary

Entry cost (stamp duty)

$16,355

After-tax yield

2.56%

Weekly holding cost

$200/wk

10yr CGT (est.)

$116,781

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

3,000

Median Age

52

Median Income

$48K

per annum

Family Households

58.0%

Professionals

28.0%

University Educated

18.0%

Unemployment

6.2%

Born Overseas

15.0%

Dwelling Mix

Houses: 78%Units: 18%Townhouses: 4%Total: 1,850

Lifestyle & Community

Walkability45/100
Public Transport2/10
Schools Rating6/10
Safety8/10
Family Friendly7/10
Cafes & Restaurants

8

Parks

6

0
Distance to CBD

720.0 km

Nearest Station: Casino Railway Station

Relaxed coastal living with excellent fishing, boating, beach access, and community events including the popular annual Fishing Classic.

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Data sourced from multiple sources. Last updated 26 March 2026.

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