Suburb Profile Report for Ulverstone TAS (7315)

Ulverstone House: Median price $245,000, Annual capital growth 2.48%, Number of sales 134, Weekly median advertised rent $260

Ulverstone Unit: Median price $236,250, Annual capital growth 3.08%, Number of sales 18, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Ulverstone, 7315 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%

Across a shorter period, Ulverstone, 7315 has seen a median price increase of 0.41% over the last quarter.

Property buyers and investors in Ulverstone 7315 should be seeing an average reduction in asking price of around -6.43% . This means that Ulverstone is holding prices well when compared to other suburbs in TAS.

On average over the past year, suburb has had 11.17 sales per month, which equates to 134 per year.

Advertised rents are around the $260 mark per week – giving a return of 5.52% based on the median price in Suburb

With a capital gain of 5.00% for the last 12 months, Ulverstone, 7315 has performed for property investments than its average annual 3.08% property growth over the last 5 years.

Comparing Ulverstone,7315 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Our latest figures would indicate that property sellers in Ulverstone are currently offering property investors an average price cut of -5.90% below the asking price at the moment.

Metrics i HOUSE UNIT
$245,000 $236,250
0.41% 0.53%
0.00% 5.00%
2.48% 3.08%
$260 $220
134 18
5.52% 4.84%
101.43 118.07

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Ulverstone TAS
Demographics
Total population 6342
Median household income ($/weekly) 766
Median age of persons 45
Median housing loan repayment ($/monthly) 1122
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 749 11.8
    35-44 years 715 11.3
    45-54 years 917 14.5
    55-64 years 857 13.5
    65-74 years 735 11.6
    Others 2370 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 2295 49.0
    Not Married 1951 41.7
    Defacto Relationship 436 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5499 91.8
    New Zealand 68 1.1
    Papua New Guinea 33 0.6
    United Kingdom 277 4.6
    Other 35 0.6
    Others 78 1.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.5
    Christianity 4007 70.7
    Islam 6 0.1
    Other Religious Groups 12 0.2
    No Religion 1613 28.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 340 14.4
    $400-$599 385 16.3
    $600-$799 325 13.7
    $800-$999 225 9.5
    $1,500-$1,999 255 10.8
    Others 838 35.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2302 46.4
    Employed, worked full-time 1425 28.7
    Employed, worked part-time 900 18.1
    Unemployed, looking for work 183 3.7
    Employed, away from work 155 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 385 15.5
    Technicians & trades workers 415 16.7
    Community & personal service workers 291 11.7
    Sales 289 11.6
    Labourers 378 15.2
    Others 723 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 37 3.0
    Infants/Primary 498 40.9
    Secondary 378 31.0
    Technical or Further Educational Institution 171 14.0
    University or other Tertiary Institutions 110 9.0
    Others 25 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5224 89.5
    Semi-detached, row or terrace house, townhouse 94 1.6
    Flat, unit or apartment 497 8.5
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 13 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1063 41.5
    Being purchased 792 30.9
    Rented 679 26.5
    Other tenure type 29 1.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals