Ulverstone is a mid-sized suburb in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 6,653, the suburb has a mature demographic with a median age of 49. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Ulverstone is $500,000, having grown strongly 5.6% over the past year. Units have a median price of $420,000 (-4.9% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,100.
Ulverstone is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 963, which is around the national average of 1,000. Public transport access includes 10 bus stops.
From an investment perspective, Ulverstone offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($500K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +5.6% year-on-year.
Ulverstone is a mid-sized suburb in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 6,653, the suburb has a mature demographic with a median age of 49. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Ulverstone is $500,000, having grown strongly 5.6% over the past year. Units have a median price of $420,000 (-4.9% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,100.
Ulverstone is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 963, which is around the national average of 1,000. Public transport access includes 10 bus stops.
From an investment perspective, Ulverstone offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($500K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +5.6% year-on-year.