TAS 7315 Census 2021 + Live DA Data

Ulverstone

A median age of 49 sits a full 9.0 years above the national figure, and that single statistic shapes much of what Ulverstone is. The town of 6,653 residents on Tasmania's north-west coast scores in the bottom deciles on every SEIFA index, landing at decile 1 on education and occupation and decile 2 on IRSAD, IRSD and economic resources, with household income in just the 13.1st percentile nationally. Yet the housing market has run hard: the median house price reached $650,000 in 2026, up from $514,000 two years earlier, a 26.5% climb. The stock is overwhelmingly detached at 85.1%, apartments barely register at 0.8%, and 44.7% of homes are owned outright, a debt-free, settled profile consistent with the older population.

Ulverstone urban fabric map

Population

6,653

Median Age

49.0

Household IncomeiMedian weekly household income (ABS Census)

$1,012/wk

DAs (12 months)iDevelopment Applications lodged in the past year

0

Median House

$650K

YTD 2026

16.68 km²· 398.8 people/km²· Family income $1,427/wk

The $650,000 median is modest by mainland-capital standards but has moved fast, rising from $514,000 in 2024 to $560,000 in 2025 and then $650,000 in 2026, a 26.5% gain in two years. Buyers here are buying houses, not units: separate houses make up 85.1% of dwellings and apartments only 0.8%, so detached living is the default rather than a premium choice. Three-bedroom homes dominate at 54.1%, with four-plus-bedroom stock at 17.5% and two-bedroom at 23.2%, suiting families and downsizers more than singles. Affordability is the standout advantage. Monthly mortgage repayments average $1,100 and the mortgage-to-income ratio is 25.1%, below the 30% stress threshold even though local household income sits in only the 13.1st percentile. That low repayment burden is the main reason ownership runs so high, with 44.7% owning outright and another 27.9% holding a mortgage.

For Buyers

The $650,000 median is modest by mainland-capital standards but has moved fast, rising from $514,000 in 2024 to $560,000 in 2025 and then $650,000 in 2026, a 26.5% gain in two years. Buyers here are buying houses, not units: separate houses make up 85.1% of dwellings and apartments only 0.8%, so detached living is the default rather than a premium choice. Three-bedroom homes dominate at 54.1%, with four-plus-bedroom stock at 17.5% and two-bedroom at 23.2%, suiting families and downsizers more than singles. Affordability is the standout advantage. Monthly mortgage repayments average $1,100 and the mortgage-to-income ratio is 25.1%, below the 30% stress threshold even though local household income sits in only the 13.1st percentile. That low repayment burden is the main reason ownership runs so high, with 44.7% owning outright and another 27.9% holding a mortgage.

For Investors

Renters make up 27.4% of households and weekly rent averages $250, which against a $650,000 median implies a gross yield around 2.0%, low and a direct consequence of how fast prices have outrun rents. The vacancy rate of 6.6% points to a soft rental market with limited tenant competition, so the case for buying to rent is weak compared with owner-occupier demand. Rent has still grown 40.4% over the measured period, faster than incomes, which lifted rent-to-income to 24.7%. Population support is thin: the forecast annual growth rate is just 0.48%, about 22 people a year, and net migration is balanced, adding only 9 overseas and 47 internal residents annually. With no development applications recorded in the past 12 months, there is little new supply, so investors are leaning on capital growth rather than yield, volume or rising rental demand.

Schools in Ulverstone iICSEA: school advantage index. 1000 = national avg, higher = more advantaged

Leighland Christian School

ICSEA 1011 Combined Independent

Prep-12 · 636 students

Sacred Heart Catholic School

ICSEA 1003 Primary Catholic

Prep-6 · 246 students

East Ulverstone Primary School

ICSEA 945 Primary Government

K-6 · 241 students

Ulverstone Primary School

ICSEA 943 Primary Government

K-6 · 328 students

Ulverstone Secondary College

ICSEA 915 Secondary Government

7-12 · 504 students

Demographics

Ulverstone is an older, settled, Anglo-leaning town. The median age of 49 runs 9.0 years above national, and the trajectory keeps aging, with the senior share up 6.9 points and the young share down 4.4 points over the decade. Only 9.4% of residents were born overseas, 12.2 points below the national figure, and ancestry is led by English (3,107), Irish (624) and Scottish (618). University qualifications reach 20.3%, which is 9.8 points below national, consistent with a workforce built on healthcare, trades and manufacturing rather than office professions. Average household size is 2.1, which is 0.4 below national, reflecting the high share of older couples: 35.1% of families are couples with no children, slightly more than the 1,588 couples with children. Christianity dominates religious affiliation at 2,883 residents, well ahead of any other faith.

Age Distribution

0-14
14.9%
15-24
10.7%
25-44
19.5%
45-64
26.2%
65+
28.4%

Bedrooms

Studio/1br
5.2%
2 bed
23.2%
3 bed
54.1%
4+ bed
17.5%

Dwelling Structure

85.1%

Houses

13.2%

Townhouse

0.8%

Apartment

Tenure

Own 44.7% Mortgage 27.9% Rent 27.4%

Tenure tilts heavily toward outright ownership: 44.7% own their home debt-free, 27.9% carry a mortgage and 27.4% rent. Outright owners outnumbering mortgage holders points to long-settled, older residents rather than a churn of recent buyers, which fits the median age of 49. The stock is 85.1% separate houses and just 0.8% apartments, so density is low and detached living is near-universal. Three-bedroom homes lead at 54.1%, with four-plus-bedroom at 17.5%. The median house price climbed from $514,000 in 2024 to $650,000 in 2026, a 26.5% rise, and over the full 30-year record the median has grown at a 7.0% compound annual rate from $85,000 in 1996. Both pressure gauges stay below stress: mortgage-to-income at 25.1% and rent-to-income at 24.7% are each under the 30% threshold, which is why ownership remains broad despite incomes in the 13.1st percentile.

Median House Price Trend

Source: State Valuer-General

Mortgage / mo

$1,100

Rent / wk

$250

HH Size

2.1

Personal Income / wk

$599

Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)

6.6%

Unoccupied

207

Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress

24.7%

Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress

25.1%

Community Profile

Ancestry

English
3,107
Irish
624
Scottish
618
Ancestry NS
335
Other
232
Dutch
230

Household Composition

35.1%

Couples, no children

4,835

Total families

Economy & Employment

The local economy leans on care and trades rather than knowledge work. Healthcare is the largest industry at 22.4% of workers (366 people), followed by Education at 13.0% (212), Construction at 9.7% (159), Manufacturing at 8.4% (137) and Retail at 7.0% (114). By occupation, Community and Personal Service workers (412) and Professionals (390) lead, with Labourers (361) close behind, a mix that matches the decile 1 IEO score for education and occupation. Unemployment sits at 6.2% and the full-time rate is 57.2%, but participation is only 46.0% because the aging profile leaves 2,569 residents not in the labour force. The IER economic-resources score reads decile 2, and IRSAD decile 2, both well below average, yet real incomes still grew 5.5% over the decade, slow but positive growth that has not kept pace with the 40.4% rise in rents.

Unemployment

2.4%

Labour Force

3,064

Unemployed

74

Quarterly Trend

Mar-24 Dec-25

Source: SALM Dec-25

Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)

Overall advantage
2
Disadvantage
2
Economic resources
2
Education & occupation
1

Full-time

57.2%

Part-time

36.6%

Participation

46.0%

Employed

2,442

Occupations

Community/Personal 412
Professionals 390
Labourers 361
Clerical/Admin 302
Managers 263
Sales 245
Machinery/Drivers 212

Top Industries

Healthcare 22.4%
Education 13.0%
Construction 9.7%
Manufacturing 8.4%
Retail 7.0%

University

20.3%

Postgraduate

3.5%

Born Overseas

9.4%

Dwellings

2,929

Transport to Work

Ulverstone is car-dependent and quiet. Some 88.7% of residents drive to work while just 0.4% use public transport and 5.3% walk or cycle, far below the public-transport use of larger cities, which reflects a low density of 398.8 people per square kilometre across 16.68 square kilometres. Volunteering is strong at 20.2%, above the rate seen in many urban suburbs, and 8.4% of residents (531 people) need daily assistance, higher than average and consistent with the median age of 49. The town scores decile 2 on IRSAD and decile 2 on IRSD for relative disadvantage, both below the national midpoint, so it is a lower-advantage area in statistical terms even though housing stress stays low. No schools are recorded inside the boundary in this dataset, so families rely on schools in the surrounding district, a practical trade-off in a dispersed coastal town.

Drive

88.7%

Public Transport

0.4%

Walk / Cycle

5.3%

Work from Home

N/A

Population Forecast

+0.48%/yr

(+22 people/yr)

Established

Ulverstone is a slow-growth, established town. The forecast annual growth rate is 0.48%, roughly 22 residents a year, and the population has risen 4.2% over the past decade, modest expansion driven by trend continuation rather than any boom. Medium projections lift the population gradually toward 4,757 by 2031 in the forecast SA2 fragment. Migration is balanced and small, with net overseas inflow of 9 and net internal inflow of 47 a year, so neither overseas nor interstate movement is a strong engine. The trajectory is firmly aging, the senior share up 6.9 points against a 3.7-point fall in the working-age share, which caps natural growth because fewer residents are of family-forming age. Affordability has worsened from 41.0% in 2011 to 44.4% in 2021, and the gentrification reading shows only early signs with a low score, so rapid change is unlikely.

Historical + Forecast

Hamilton-Perry + Holt smoothing on ERP 2001-2025

Age Cohort Forecast

Primary Driver

Balanced

Net Overseas / yr

+9

Net Internal / yr

+47

0

Gentrification Signal

Not gentrifying

National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs

How Ulverstone compares to ~15,000 Australian suburbs

Population
Top 8%
Household Income
Bottom 13%
Rent Level
Bottom 44%
Apartments
Bottom 17%
Renters
Top 33%
Uni Educated
Bottom 38%
Public Transport
Bottom 3%
Born Overseas
Bottom 26%
Density
Top 20%

Frequently Asked Questions

Is Ulverstone a good suburb to live in?

Ulverstone suits older and family buyers who value affordability and space. Houses make up 85.1% of dwellings and 44.7% are owned outright, with mortgage-to-income at a comfortable 25.1%, below the 30% stress line. The trade-off is low statistical advantage, scoring decile 2 on IRSAD with household income in the 13.1st percentile.

What is the median house price in Ulverstone?

The median house price is $650,000 as of 2026, up from $514,000 in 2024 and $560,000 in 2025, a 26.5% rise in two years. Weekly rent averages $250 and monthly mortgage repayments run about $1,100, keeping the mortgage-to-income ratio at 25.1%.

What schools are in Ulverstone?

No schools are recorded inside the Ulverstone boundary in this dataset, so families rely on schools in the surrounding north-west coast district. Education is a major local employer, accounting for 13.0% of the workforce, or 212 jobs, second only to healthcare.

Is Ulverstone safe?

Detailed crime statistics are not available for Ulverstone in this dataset. As an indirect indicator, the town scores decile 2 on the IRSD index of relative disadvantage, below the national midpoint, and 8.4% of its residents, about 531 people, need daily assistance, reflecting an older population.

Is Ulverstone good for property investment?

Rent of $250 a week against a $650,000 median gives a gross yield near 2.0%, low, and the 6.6% vacancy rate signals a soft rental market. With annual population growth of just 0.48% and no new development applications in 12 months, returns depend on capital growth rather than yield.

How is Ulverstone's population changing?

The population of 6,653 is growing slowly, about 0.48% or 22 people a year, with a 4.2% rise over the past decade. The profile is aging, with the senior share up 6.9 points and the young share down 4.4 points over ten years, capping family-driven growth.

How to read these comparisons

Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.

Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.

Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.

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