Ulverstone vs West Ulverstone

West Ulverstone (median $490,000) is roughly 2% cheaper to buy into than Ulverstone ($500,000).

Buying in Ulverstone or West Ulverstone?

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Ulverstone and West Ulverstone side by side

MeasureUlverstoneWest Ulverstone
Price and market
Median house$500,000$490,000
Median unit$420,000$384,500
Renting
House rent$246/wk$246/wk
Unit rent$250/wk$240/wk
Owner occupied70.0%72.0%
Renter occupied26.0%25.0%
Schools
Schools nearby78
Average ICSEA954950
Lifestyle and people
Walk score00
Transit score00
Bike score155
Population6,6534,515
Median age4948
Climate
Annual rainfall886 mm933 mm
Mean max, January21.6°C21.7°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Ulverstone (954) sits above West Ulverstone (950).

For buyers
West Ulverstone is the lower entry point at $490,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
West Ulverstone offers the higher gross rental yield (2.61% vs 2.56%), favouring cash-flow investors.
For families
Ulverstone edges out on average school ICSEA (954 vs 950).

Ulverstone vs West Ulverstone: common questions

Is Ulverstone or West Ulverstone cheaper to buy in?

West Ulverstone has the lower median house price at $490,000, roughly 2% below Ulverstone ($500,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ulverstone or West Ulverstone have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ulverstone scores 954 vs 950 in West Ulverstone. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Ulverstone or West Ulverstone?

Gross rental yield on houses is 2.61% in West Ulverstone vs 2.56% in Ulverstone. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.