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Ulverstone, TAS 7315

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$750,000

list-price estimate

Median Unit

$480,000

market range $450K-$525K

Gross Yield (houses)

4.3%

1yr Growth (houses)

+13.3%

market range +10.0% to +17.5%

Investment snapshot for Ulverstone

Ulverstone has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Ulverstone market and investor summary

In Ulverstone, TAS 7315, houses show a gross rental yield of 4.3%. House prices have moved +13.3% over the past year and +22.9% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.

Living in Ulverstone: people, income and schools

Ulverstone is home to around 6,653 people, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 70% of homes are owner-occupied.

The typical household income runs to around $53,000 a year (about $1,010 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).

Families have 6 schools within roughly 5km to choose from, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 47 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,653
+1% over 5yr
Median age
49 years
Median household income
$53,000/yr
Households renting
26%
Family households
62%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
6
avg ICSEA 915
Unemployment
3.9%
Walk score
47/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Ulverstone

No properties currently listed in Ulverstone

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Frequently asked questions about Ulverstone

What should I check before investing in Ulverstone?

Ulverstone has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +13.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Ulverstone?

The median property price in Ulverstone, TAS 7315 is $480K for units.

What rental yield does Ulverstone show?

The gross rental yield in Ulverstone is 4.3% for houses and 4.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Ulverstone?

House prices in Ulverstone are up 13.3% over the past year and up 22.9% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Ulverstone?

The current vacancy rate in Ulverstone is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Ulverstone?

Ulverstone has a population of approximately 6,653 residents, with a median age of 49.

What schools are near Ulverstone?

There are 6 schools within roughly 5km of Ulverstone. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Ulverstone's population growing?

The population of Ulverstone has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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