West Ulverstone

POSTAL CODE: TAS, 7315
HOUSE

Property investors enjoyed capital gains of 19.76% over the last 12 months in WEST ULVERSTONE, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 8.89% growth over a ten-year period. It ranks 595th on our list of suburbs that property investors should look into.

WEST ULVERSTONE, 7315 has a capital gain of 19.76% for the past year, which is higher than average compared to its 89.87% growth within a five-year period.

With the median home price in WEST ULVERSTONE sitting at $600,000, and the average rent at $450, property owners could potentially earn a 3.9% increase in gross rental yield.

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

WEST ULVERSTONE, 7315 in TAS belongs to the local government area of Central Coast (Tas.).

Surburb overview

West Ulverstone is a suburb located approximately 2 kilometres west of the central business district (CBD) of Ulverstone, Tasmania. This close proximity to the CBD makes it a convenient location for residents who need easy access to the town's amenities while enjoying a more suburban setting.

The population of West Ulverstone is around 4,000 residents, according to the latest census data. The suburb has a diverse demographic mix, including families, professionals, and retirees, which contributes to a vibrant and welcoming community atmosphere.

West Ulverstone falls under the jurisdiction of the Central Coast Council. Public transportation in the suburb is adequate, with bus services connecting it to Ulverstone’s CBD and other surrounding areas. This accessibility is beneficial for those who rely on public transport for commuting to work or other activities.

The suburb is well-served by a variety of nearby establishments and amenities. Educational institutions include West Ulverstone Primary School, which caters to the local community's educational needs. For shopping and everyday essentials, residents can visit the Ulverstone CBD, which offers a range of retail stores, supermarkets, and dining options.

West Ulverstone is known for its parks and recreational facilities, providing residents with ample opportunities for outdoor activities. The Ulverstone Showground is a notable recreational site that hosts various events and activities throughout the year. Additionally, the nearby Bicentennial Park offers scenic walking trails, playgrounds, and picnic areas, making it a popular spot for families and outdoor enthusiasts.

The community spirit in West Ulverstone is strong, with local events and activities organised regularly. These events help foster a sense of community and provide residents with opportunities to engage and socialise.

West Ulverstone's combination of suburban tranquillity and proximity to Ulverstone’s CBD makes it an attractive suburb for a wide range of residents. Its accessibility, coupled with the availability of quality schools, shopping centres, and recreational facilities, enhances its appeal as a prime residential location. The suburb's diverse demographic and strong community spirit contribute to its charm and desirability.

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