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ABS 2021 Census · Updated 21 May 2026
West Ulverstone is a regional centre in Tasmania, Australia, with a population of approximately 4,515, making it a boutique locality. Located approximately 217 km from the Hobart CBD, West Ulverstone is a regional area in Tasmania. The median household income is $55,068 per year.
West 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 West 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 1 school within or near this suburb.
Find schools near West Ulverstone on My School →Estimated 2 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.
4,515 residents places West Ulverstone squarely in the middle of the Tasmania suburb size distribution (state median 3,902), with market depth comparable to most TAS localities. West Ulverstone's median household income of $55,068/year is 26% 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. Rent of $240/week (86% coverage of the $1,213/month median mortgage) leaves a gap of roughly $173/month that a typical investor bridges with negative gearing, depreciation and capital growth. West Ulverstone is 217 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 23% of household income — a useful sanity check on tenant affordability.
How West Ulverstone stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean West Ulverstone sits above the state median; negative means below.
| Metric | West Ulverstone | TAS median | Δ vs state |
|---|---|---|---|
| Population | 4,515 | 3,902 | +16% |
| Median household income | $55,068/yr | $73,944/yr | -26% |
| Median rent (weekly) | $240 | $320 | -25% |
| Median mortgage (monthly) | $1,213 | $1,378 | -12% |
| Distance to CBD | 217 km | 24 km | +804% |
| Separate houses | 84% | 80% | +4pp |
Pre-inspection briefing for West Ulverstone — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 26% below the TAS median ($55,068 vs $73,944) means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.
Strong rental coverage: $240/week (~$1,040/month) covers 86% of the $1,213/month median mortgage repayment, so the shortfall sits at just $173/month. Investors targeting positive cash flow should shortlist this suburb.
With 84% houses in a 4,515-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 West Ulverstone property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for West Ulverstone are modest for 2026 — incomes 26% below the TAS median of $73,944 and a population of 4,515 suggest gains will lag headline metro markets. Rental coverage runs at ~86% of the typical mortgage ($1,040/month rent vs $1,213/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 32/100 places West 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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West Ulverstone scores 32/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 4,515, median household income of $55,068/year and median weekly rent of $240. 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 West Ulverstone are a median household income of $55,068/year, a dwelling mix that is 84% separate houses, roughly 1 schools and 2 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.
West Ulverstone has a usual resident population of approximately 4,515, 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.
West Ulverstone sits 217 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 $240 in West Ulverstone, equating to approximately $12,480/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 West Ulverstone is $1,213, or approximately $14,556/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 $240 works out to $1,040/month, covering 86% of the median mortgage repayment of $1,213/month. That leaves a $173/month shortfall (around $2,076/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 a thin buyer pool (4,515 residents), interest-rate sensitivity on the $1,213 median mortgage, below-median household incomes ($55,068 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.