Over the last year, property investments in Ulverstone, 7315 have given investors a capital gain of 4.27%. This compares averagely with the 3.12% for TAS as a whole.
Comparing Ulverstone,7315 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Ulverstone 7315 should be seeing an average reduction in asking price of around -7.55% . This means that Ulverstone is holding prices well when compared to other suburbs in TAS.
At number 3034 in a list of fastest selling suburbs, Ulverstone is in the bottom 20% of suburbs in Australia with an average of days on market 115 for properties listed there.
With the median price for a house in Ulverstone being $244000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.54%
Giving property investors a an average capital gain of 1.40% for the last year, Ulverstone, 7315 is the 1014th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ulverstone has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Ulverstone are currently offering property investors an average price cut of -4.73% below the asking price at the moment.
Ulverstone is 47th on a list of best yielding suburbs for rents in TAS with a 5.01% return