Ulverstone is a moderately sized suburb in Tasmania within the Central Coast (Tas.) local government area (postcode 7315). The area has roughly 6,653 residents and an older-leaning population, with a median age of 49. Households earn a median income of $53K per year, with an average household size of 2.1 people. TAS employment has moved -1.7% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. TAS also had 17 Commonwealth-backed major projects under construction, 2 underway, and 16 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, technicians & trades, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Ulverstone is $500,000, having grown strongly by 5.6% over the past year. Units have a median price of $420,000 (-4.9% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,100.
Ulverstone is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 963, which is around the national average of 1,000. Public transport access includes 10 bus stops.
On the investment side, Gross rental yield sits at around 4.5% (moderate yield). Property prices sit below the state median ($500K/$740K), which can point to relative value. The price-to-income ratio of 9.5x is considered moderate. House prices have moved +5.6% year-on-year.