West Ulverstone is a smaller suburb in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 4,515, the suburb has a mature demographic with a median age of 48. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in West Ulverstone is $490,000, having dipped slightly 2% over the past year. Units have a median price of $385,000 (-6.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,213.
West Ulverstone is served by 1 school, including 1 primary. The average ICSEA score is 835, which is well below the national average of 1,000. Public transport access includes 13 bus stops.
From an investment perspective, West Ulverstone offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($490K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -2.0% year-on-year.
West Ulverstone is a smaller suburb in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). With a population of 4,515, the suburb has a mature demographic with a median age of 48. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in West Ulverstone is $490,000, having dipped slightly 2% over the past year. Units have a median price of $385,000 (-6.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,213.
West Ulverstone is served by 1 school, including 1 primary. The average ICSEA score is 835, which is well below the national average of 1,000. Public transport access includes 13 bus stops.
From an investment perspective, West Ulverstone offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($490K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -2.0% year-on-year.