If you compare the increase in value of investment property in Ulverstone, 7315 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -0.42%.
Across a shorter period, Ulverstone, 7315 has seen a median price increase of -1.84% over the last quarter.
The most recent median price for Ulverstone is $239500, with sellers offering an average of -7.08% off the asking price.
Ulverstone, 7315 ranked 15th in TAS when comparing growth in median property values or capital gain over the last 12 months. Ulverstone is one of 606 in our list for TAS
Across a shorter period, Ulverstone, 7315 has seen a median price increase of 8.37% over the last quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.62% offered to property buyers. Sellers in Ulverstone itself are offering an average vendor discount of -4.60% to real estate investors.
Residents and property investors in Ulverstone have been waiting around 97.1 days to sell a property.
With the median price for a house in Ulverstone being $236250 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 4.84%