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ABS 2021 Census · Updated 21 May 2026
Ulverstone is a regional centre in Tasmania, Australia, with a population of approximately 6,653, making it a smaller community. Located approximately 212 km from the Hobart CBD, Ulverstone is a regional area in Tasmania. The median household income is $52,624 per year.
Ulverstone's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.
Official Australia Post postcode for Ulverstone. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Ulverstone on My School →Estimated 3 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Ulverstone's population of 6,653 sits 71% above the Tasmania suburb median of 3,902, giving it a wider tenant and buyer catchment than the average TAS locality. Ulverstone's median household income of $52,624/year is 29% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $250 equates to $1,083/month — about 98% of the median mortgage repayment of $1,100/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Ulverstone is 212 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.
How Ulverstone stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Ulverstone sits above the state median; negative means below.
| Metric | Ulverstone | TAS median | Δ vs state |
|---|---|---|---|
| Population | 6,653 | 3,902 | +71% |
| Median household income | $52,624/yr | $73,944/yr | -29% |
| Median rent (weekly) | $250 | $320 | -22% |
| Median mortgage (monthly) | $1,100 | $1,378 | -20% |
| Distance to CBD | 212 km | 24 km | +783% |
| Separate houses | 79% | 80% | -1pp |
Pre-inspection briefing for Ulverstone — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 29% below the TAS median ($52,624 vs $73,944) means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Strong rental coverage: $250/week (~$1,083/month) covers 98% of the $1,100/month median mortgage repayment, so the shortfall sits at just $17/month. Investors targeting positive cash flow should shortlist this suburb.
With 79% houses in a 6,653-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Ulverstone property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Ulverstone are modest for 2026 — incomes 29% below the TAS median of $73,944 suggest gains will lag headline metro markets. Rental coverage runs at ~98% of the typical mortgage ($1,083/month rent vs $1,100/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 33/100 places Ulverstone in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Ulverstone scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 6,653, median household income of $52,624/year and median weekly rent of $250. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Ulverstone are a median household income of $52,624/year, a dwelling mix that is 79% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Ulverstone has a usual resident population of approximately 6,653, compared with a Tasmania suburb median of 3,902 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Ulverstone sits 212 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $250 in Ulverstone, equating to approximately $13,000/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Ulverstone is $1,100, or approximately $13,200/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $250 works out to $1,083/month, covering 98% of the median mortgage repayment of $1,100/month. That leaves a $17/month shortfall (around $204/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,100 median mortgage, below-median household incomes ($52,624 vs $73,944 state median), the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.