Ulverstone

POSTAL CODE: TAS, 7315
HOUSE

ULVERSTONE, 7315 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling ULVERSTONE, 7315 values up and netting property investors a capital gain of 19.76% for the past year.

Investors saw the median home price rise to $600,000.

Profits due to an upward trend in home prices in the suburb averaged 9.22% per annum over a 3-year period.

ULVERSTONE now ranks at the 22nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ULVERSTONE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $450 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ULVERSTONE, homes and units usually stay on listing for an average of 69.7 days.

In 2016, 73 properties were sold in ULVERSTONE during the past year, making it the 22nd most active market in TAS based on total real estate transactions.

Surburb overview

Ulverstone, a picturesque coastal town located on Tasmania's north coast, lies approximately 21 kilometres west of Devonport and 112 kilometres northwest of Launceston. Known for its beautiful beaches, vibrant community, and strong agricultural industry, Ulverstone offers residents a balanced lifestyle with a blend of urban conveniences and natural beauty.

The town has a population of around 12,000 residents. The demographic profile includes families, young professionals, and retirees, contributing to a diverse and dynamic community. Ulverstone’s welcoming atmosphere and range of activities make it an attractive place for people of all ages.

Ulverstone falls under the jurisdiction of the Central Coast Council local government area. The council is dedicated to maintaining the town’s infrastructure and providing essential services. 

Public transportation in Ulverstone is well-developed, with several bus routes connecting the town to Devonport, Burnie, and other nearby areas. The town's road infrastructure is also excellent, facilitating smooth travel for those who prefer to drive.

The town is home to several educational institutions, including Ulverstone Primary School, East Ulverstone Primary School, and Ulverstone Secondary College, which cater to the educational needs of local families. 

Healthcare services in Ulverstone are readily accessible. The nearby North West Regional Hospital in Burnie and Mersey Community Hospital in Latrobe provide comprehensive medical care, ensuring residents have access to necessary health services.

The Ulverstone Shopping Centre and local markets offer fresh produce and locally made products, supporting the town’s economy and providing residents with high-quality goods.

The town is known for its beautiful beaches, such as Buttons Beach and Picnic Point Beach, which are ideal for swimming, surfing, and picnicking. The Leven River, which flows through the town, offers excellent opportunities for fishing, kayaking, and boating.

Ulverstone is also home to several parks and recreational spaces, including Anzac Park and Fairway Park, which offer walking trails, playgrounds, and picnic areas. The Dial Range, located nearby, provides numerous hiking and mountain biking trails.

The town has several local sports clubs and facilities, including football, cricket, and tennis clubs, which foster a strong sense of community and encourage an active lifestyle. The Ulverstone Sports and Leisure Centre hosts various events, meetings, and social gatherings, enhancing the town’s vibrant community life.

 

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