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.