Property value increases in Ulverstone have tracked just lower than the TAS average of 3.72% over the last 12 months.
Comparing Ulverstone,7315 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Ulverstone are currently offering property investors an average price cut of -6.95% below the asking price at the moment.
Advertised rents are around the $260 mark per week – giving a return of 5.58% based on the median price in Suburb
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 increase in value by 0.22%
While Ulverstone,7315 ranked number 16th in TAS for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.
The most recent median price for Ulverstone is $225500, with sellers offering an average of -4.72% off the asking price.
At number 1268 in a list of fastest selling suburbs, Ulverstone is in the bottom 20% of suburbs in Australia with an average of days on market 112.66 for properties listed there.
With the median price for a house in Ulverstone being $225500 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 5.07%