Giving property investors a a stable capital gain of 19.12% for the last year, Ulverstone, 7315 is the 1659th highest performer in Australia in this respect.
The five-year average increase in median property values for Ulverstone,7315 has given property investors a potential capital gain of 21.01% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ulverstone, 7315. Typically our figures indicate that 0.00% is being offered, which puts this TAS suburb at 2335th most discounted overall in Australia.
On average over the past year, suburb has had 12.25 sales per month, which equates to 147 per year.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 6.55%, investors should hope to achieve an overall return of 8.10%
At number 464th in the list of Australian suburbs ordered by increase in median house value over the last year, Ulverstone, 7315 is in the top 30% with a property value increase of 24.24% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Ulverstone comes in at number 35th in TAS.
The most recent median price for Ulverstone is $325000, with sellers offering an average of -3.78% off the asking price.
Often selling an investment property can take time, and in Ulverstone the average time real estate has been on the market is 72.7674 days.
Renters in Suburb are facing rents around $14560 per annum or $280 every week.
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Ulverstone, TAS – A laidback atmosphere at low cost
Median unit price: $239,000
Three-year growth: 7.9%
Rental yield: 5.4%
A seaside suburb on the mouth of the Leven River, Ulverstone is the perfect place to kick back and relax, with its abundance of natural attractions and beaches at a low median price of less than $250,000.
The local river and estuary are excellent fishing spots, and incredible views of the town can be enjoyed while walking through the zig-zig gardens of Maud Street. There are river cruises that allow residents to enjoy meals on the riverbank. Cycle tracks along the beach make for enjoyable walks and exercise.
Ulverstone also has a thriving food scene thanks to its agricultural industry. The suburb is known for its excellent coffee and seasonal produce.