Evolve Housing

Name

Evolve Housing

Legal name

Evolve Housing Limited

Website

https://www.evolvehousing.com.au

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Evolve Housing is the largest community housing provider that focuses on building homes, make places and enhance lives.

Ownership category

akta.pro rank

Product category

Social and Affordable Housing Services

NAICS

Other Community Housing Services (624229), Residential Building Construction (2361)

SIC

Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

Keywords

• Social housing
• Affordable housing
• Community housing
• Crisis accommodation
• Disability housing

Headquarters

HQ city

Parramatta

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Social Housing Rents: Rent charged to social housing tenants calculated as 25%, 27%, or 30% of assessable household income plus 100% of Commonwealth Rent Assistance eligible amount
2. Affordable Housing Management (EchoRealty): Property management services for affordable homes on behalf of government agencies, local councils, developers and private investors. EchoRealty manages 2,261 affordable homes as part of the Evolve Housing Group.
3. Government Funding & Grants: Funding through Housing Australia Future Fund Facility (HAFFF), National Housing Accord Facility (NHAF), and various state government housing programs to develop and deliver social and affordable housing

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Evolve Housing is a Tier 1 Community Housing Provider delivering social housing, affordable housing, key worker housing, crisis accommodation and Specialist Disability Accommodation (SDA) across NSW, Victoria and the ACT. The organization manages 5,400+ properties housing 11,800+ residents, supplemented by its EchoRealty subsidiary managing 2,261 affordable homes for government agencies, local councils, developers and private investors. Residents access services through a ServiceNow-based Tenant Portal, with additional support delivered through TARP, KEY Grants, Support Pathways, Together Home, Evolving Green and digital literacy programs.

Product overview

Evolve Housing is a Tier 1 Community Housing Provider offering a comprehensive housing platform spanning the full housing continuum. Core services include social housing, affordable housing, disability housing (SDA), crisis accommodation, and key worker housing across NSW, VIC, and ACT. The company's digital product portfolio centers on the Tenant Portal (built on ServiceNow) for tenant self-service, complemented by EchoRealty for property management of affordable homes. Resident support is delivered through programs including the Tenancy at Risk Panel (TARP), Support Pathways Program, KEY Grants, Digital Basics and Money Minded Workshops, and the Together Home program for rough sleepers. Sustainability initiatives include the Evolving Green Program for energy efficiency upgrades.

Differentiator

Problem solved

Functional benefit

Products and services

• Social Housing Long-term subsidized rental housing provided to low-income individuals and families on government housing waitlists, with rent calculated at 25%-30% of assessable household income plus 100% Commonwealth Rent Assistance.
• Affordable Housing (Key Worker Housing) Below-market rental housing for low to moderate income households including essential workers such as teachers, nurses, aged care and childcare staff, managed through EchoRealty.
• Crisis Accommodation Temporary housing for individuals and families experiencing homelessness or domestic and family violence, delivered with case management support.
• Specialist Disability Accommodation (SDA) Accessible housing for people with disability delivered as a registered Specialist Disability Accommodation provider under the National Disability Insurance Scheme.
• EchoRealty Property Management Services Professional property management services for 2,261 affordable homes on behalf of government agencies, local councils, developers and private investors across NSW, Victoria and the ACT.
• Tenant Portal Secure self-service platform enabling tenants to manage their tenancy, request and track repairs, pay rent, update contact details, and access support resources. Built on ServiceNow.
• Evolving Green Program Energy efficiency initiative delivering solar systems, heat-pump systems and ceiling fans to social housing properties, generating over 1.2 million kWh of renewable energy and saving residents approximately $600/year on energy bills.
• Tenancy at Risk Panel (TARP) Collaborative model bringing together tenancy managers, support workers and senior leaders to respond early when a tenant's housing may be under pressure, coordinating tailored intervention plans; approximately 200 tenancies sustained annually.
• Support Pathways Program Personalized support program helping residents stay on track with their tenancies and improve wellbeing, connecting them with services for health, property care, financial challenges, and access to support systems.
• KEY Grants Program Grant program offering direct financial support to help residents with costs of education and personal development.
• Together Home Program Housing and support services program for people sleeping rough or living in temporary accommodation, providing case management and pathway to stable housing.

Quantifiable outcome

• 82% overall tenant satisfaction
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Homes NSWcoreStrategic or Co-development PartnerNSW state government housing authority. Evolve Housing partners with Homes NSW for social housing delivery, including managing 196 social housing homes at Arncliffe for 20 years. Also partner on Lidcombe Rise development with developer Billbergia.
• Homes VictoriacoreStrategic or Co-development PartnerVictorian state government housing authority. Evolve Housing partners with Homes Victoria through Evolve Housing VIC Limited for social and affordable housing delivery in Victoria, including the Sunshine North and Rosanna developments under HAFFF.
• PAYCEcoreStrategic or Co-development PartnerLeading Sydney developer. Partnership on Melrose Park Gateway Project - one of Sydney's largest affordable housing developments with 197 affordable housing apartments and 154 co-living units. Evolve Housing owns and manages all 197 affordable housing apartments under HAFF.
• SEMZ Property Advisory & Project ManagementmajorStrategic or Co-development PartnerDeveloper partner for Rosanna project in Melbourne's north-east - 45 social and affordable homes delivered under HAFF in partnership with Victorian Government through Homes Victoria.
• JSM Holdings NSW Pty LtdmajorStrategic or Co-development PartnerDeveloper partner for Blacktown development delivering 58 new homes (15 social housing and 43 affordable homes) funded through Housing Australia Future Fund.
• BillbergiamajorStrategic or Co-development PartnerDeveloper partner for Arncliffe Central development delivering 806 new homes in Sydney's south, with Evolve Housing managing 196 social housing homes and owning 175 affordable homes through EchoRealty.
• Pace Development GroupmajorStrategic or Co-development PartnerDeveloper partner for Sunshine North development in Melbourne's west - 85 affordable homes (35 social and 50 affordable housing units) delivered as first HAFFF project in Victoria.
• Urban Property GroupmajorStrategic or Co-development PartnerDeveloper partner for Penrith development delivering 135 new homes under HAFFF, close to Penrith train station.
• DASCOmajorStrategic or Co-development PartnerConstruction partner with PAYCE on Melrose Park Gateway Project - one of Sydney's largest affordable housing developments.
• Samssons projectsminorImplementation/ SI/ Consulting PartnerBuilder for Rosanna project in Melbourne's north-east under HAFF.
• Willowdene ConstructionsminorImplementation/ SI/ Consulting PartnerConstruction partner for CHEP energy efficiency upgrades delivering solar systems and ceiling fans across 255 homes in Western Sydney.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Mission Australia Housing: One of Australia's largest community housing providers operating across multiple states, delivering social and affordable housing with similar tenancy support models. Directly comparable as a Tier 1/registered CHP competing for the same HAFFF-funded pipeline.
• Bridge Housing: NSW-based Tier 1 Community Housing Provider delivering social, affordable, and key worker housing across metropolitan Sydney. Directly comparable as an NRSCH-registered CHP competing for the same Homes NSW and HAFFF mandates.
• Housing Choices Australia: Large national community housing provider operating in NSW, VIC, SA, and Tasmania with a similar Tier 1/NRSCH-registered profile. Comparable portfolio scale and tenant mix spanning social and affordable housing.
• Community Housing Limited (CHL): National community housing provider delivering social, affordable, and disability housing across Australia. Directly comparable as a registered CHP with similar tenancy support programs and federal funding exposure.
• Hume Community Housing: NSW-based Community Housing Provider offering social and affordable housing with similar support services and tenant portal-based service delivery. Direct peer competing in the same NSW market and HAFFF funding pool.
• Unison Housing: Victorian community housing provider delivering social and affordable housing, key worker housing, and homelessness services. Comparable as a direct competitor in Victoria where Evolve operates through Evolve Housing VIC Limited.
• BlueCHP: NSW-based registered Community Housing Provider focused on social and affordable housing for vulnerable communities. Comparable as a Tier CHP with similar operating model and reliance on government housing stock transfers.
• SGCH (St George Community Housing): Large Sydney-based community housing provider with NRSCH registration, managing thousands of social and affordable homes. Comparable scale, geography, and tenant mix to Evolve in metropolitan NSW.

Broad incumbents

• Lendlease: Diversified Australian real estate and construction group with residential development and build-to-rent operations. Comparable as a co-developer partner for major HAFFF projects and a broad incumbent competing for affordable housing mandates.
• Stockland: One of Australia's largest residential developers and retirement living operators with deep NSW exposure. Comparable as a broad incumbent competing for affordable housing project partnerships and land deals in the same markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/evolvehousing
• LinkedInlinkedin.com/company/evolvehousing
• Instagraminstagram.com/evolvehousing
• Xx.com/evolvehousing

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evolve Housing