Ulverstone
Statistical Area - sa2

Ulverstone is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Based on AreaSearch's analysis, Ulverstone's population is around 7203 as of November 2025. This reflects an increase of 115 people since the 2021 Census, which reported a population of 7088 people. The change is inferred from the estimated resident population of 7133 from the ABS as of June 2024 and an additional 159 validated new addresses since the Census date. This level of population equates to a density ratio of 262 persons per square kilometer, providing significant space per person and potential room for further development. Ulverstone's 1.6% growth since census positions it within 2.5 percentage points of the SA3 area (4.1%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For areas not covered by this data, Tasmania State Government's Regional/LGA projections are adopted with adjustments made using a method of weighted aggregation of population growth from LGA to SA2 levels. Over this period, projections indicate an overall population decline, with Ulverstone's population expected to reduce by 354 persons by 2041 according to this methodology. However, specific age cohorts are anticipated to grow, led by the 75 to 84 age group, which is projected to grow by 320 people.

Residential development activity is lower than average in Ulverstone according to AreaSearch's national comparison of local real estate markets

Ulverstone has seen approximately 24 new homes approved annually over the past five financial years from FY-21 to FY-25, totaling 122 approvals. In FY-26, 17 homes have been approved so far. Despite a declining population in recent years, housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice.

New properties are constructed at an average value of $331,000, slightly above the regional average, indicating a focus on quality developments. This financial year has seen $10.2 million in commercial approvals, reflecting steady commercial investment activity. Comparatively, Ulverstone has 14.0% less new development per person than the Rest of Tas., and it ranks at the 66th percentile nationally when measured against other areas assessed. However, recent periods have seen an increase in development activity.

This lower-than-average national level may reflect the area's maturity and potential planning constraints. All recent development in Ulverstone has been comprised of detached houses, maintaining the area's traditional low-density character with a focus on family homes appealing to those seeking space. With around 211 people per approval, Ulverstone reflects a low-density area. Given that the population is expected to remain stable or decline, there should be reduced pressure on housing in Ulverstone, potentially creating opportunities for buyers.

Ulverstone has limited levels of nearby infrastructure activity, ranking in the 11thth percentile nationally

AreaSearch has identified eight infrastructure projects that may impact the area's performance. Key projects include Ulverstone Rise (Trevor Street Subdivision), Ulverstone Sewage Treatment Plant Upgrade, Ulverstone Rise, and Installation of a Wet Electrostatic Scrubber Precipitator. The following list details those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch analysis reveals Ulverstone recording weaker employment conditions than most comparable areas nationwide

Ulverstone has a diverse workforce with both white and blue collar jobs, prominent essential services sectors, an unemployment rate of 4.4%, and an estimated employment growth of 2.7% in the past year (as of June 2025). The town has 3,094 employed residents, with an unemployment rate of 0.4% higher than Rest of Tas.'s rate of 3.9%.

Workforce participation stands at 50.4%, significantly lower than Rest of Tas.'s 55.7%. Key industries for employment are health care & social assistance, retail trade, and construction. Agriculture, forestry & fishing has a limited presence with 4.7% employment compared to the regional average of 8.4%.

Many residents commute elsewhere for work based on Census data. Over the year ending June 2025, Ulverstone saw employment increase by 2.7%, labour force increase by 2.1%, and unemployment decrease by 0.6 percentage points. In contrast, Rest of Tas. experienced employment decline of 0.5% and labour force decline of 0.6%. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Ulverstone's employment mix suggests local growth of approximately 6.1% over five years and 13.1% over ten years, though this is a simple extrapolation for illustrative purposes only.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Ulverstone has lower incomes compared to national averages. The median income in Ulverstone is $49,146 and the average is $58,498. In contrast, Rest of Tas.'s median income is $47,358 with an average of $57,384. Based on Wage Price Index growth of 13.83% since financial year 2022, estimated incomes for September 2025 would be approximately $55,943 (median) and $66,588 (average). Census data reveals that Ulverstone's household, family, and personal incomes fall between the 5th and 13th percentiles nationally. The income bracket of $400 - 799 dominates with 33.4% of residents (2,405 people), unlike surrounding regions where 28.5% fall within the $1,500 - 2,999 range. A significant portion of Ulverstone's population (40.9%) earns less than $800 per week, indicating constrained household budgets. After housing costs, 86.5% of income remains, ranking at only the 8th percentile nationally.

Ulverstone is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure in Ulverstone, as evaluated at the Census conducted 2016, comprised 85.9% houses and 14.0% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Tas had 90.3% houses and 9.7% other dwellings. Home ownership in Ulverstone was at 45.1%, with mortgaged dwellings at 28.7% and rented dwellings at 26.2%. The median monthly mortgage repayment was $1,123, lower than Non-Metro Tas's average of $1,200. Median weekly rent in Ulverstone was recorded at $250, compared to Non-Metro Tas's $240. Nationally, Ulverstone's median monthly mortgage repayment was significantly lower than the Australian average of $1,863, while median weekly rent was substantially below the national figure of $375.

Ulverstone features high concentrations of lone person households, with a lower-than-average median household size

Family households constitute 62.8% of all households, including 20.9% couples with children, 28.9% couples without children, and 12.1% single parent families. Non-family households comprise the remaining 37.2%, with lone person households at 35.4% and group households making up 1.8% of the total. The median household size is 2.2 people, which is smaller than the Rest of Tas. average of 2.3.

Ulverstone faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area has university qualification rates at 14.8%, which is substantially below the Australian average of 30.4%. Bachelor degrees are the most prevalent at 10.6%, followed by postgraduate qualifications at 2.3% and graduate diplomas at 1.9%. Trade and technical skills are prominent, with 38.8% of residents aged 15+ holding vocational credentials - advanced diplomas at 9.0% and certificates at 29.8%. A substantial 24.4% of the population is actively pursuing formal education, including 10.2% in primary education, 7.1% in secondary education, and 2.5% in tertiary education.

Ulverstone's 5 schools have a combined enrollment of 1,970 students and demonstrate typical Australian school conditions (ICSEA: 967) with balanced educational opportunities. The area functions as an education hub with 27.3 school places per 100 residents, significantly above the regional average of 16.3, attracting students from surrounding communities.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Ulverstone has two operational public transport stops, both offering bus services. Six unique routes serve these stops, facilitating a total of 1,577 weekly passenger trips. The accessibility of transport in Ulverstone is deemed limited, with residents generally situated 1092 meters away from the nearest stop.

On average, there are 225 daily trips across all routes, resulting in about 788 weekly trips per individual stop.

Health performance in Ulverstone is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Ulverstone faces significant health challenges, with various conditions affecting both younger and older age groups. Approximately 49% (~3,536 people) have private health cover, lower than the national average of 55.3%.

The most prevalent conditions are arthritis (13.1%) and mental health issues (9.2%). About 58.3% report no medical ailments, compared to 60.3% in Rest of Tas.. Residents aged 65 and over comprise 30.9% (2,227 people), higher than the 24.7% in Rest of Tas.. Health outcomes among seniors are challenging but better than those of the general population.

The latest Census data sees Ulverstone placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Ulverstone's cultural diversity was found to be below average, with 90.7% of its population born in Australia, 93.4% being citizens, and 97.2% speaking English only at home. Christianity is the main religion in Ulverstone, comprising 46.6% of people, compared to 41.9% across Rest of Tas. The top three ancestry groups are English (35.4%), Australian (33.4%), and Irish (7.2%).

Notably, Dutch representation is higher than average at 2.6% in Ulverstone versus the regional average of 1.7%, while Australian Aboriginal representation is slightly lower at 5.8%.

Ulverstone hosts an older demographic, ranking in the top quartile nationwide

Ulverstone's median age at 49 years is significantly higher than the Rest of Tas. average of 45 and considerably older than Australia's median age of 38. Compared to the Rest of Tas., Ulverstone has an over-representation of the 75-84 cohort (12.0%) and under-representation of the 25-34 age group (8.4%). This concentration in the 75-84 cohort is well above the national average of 6.0%. Post-2021 Census data shows that the 75 to 84 age group has grown from 10.1% to 12.0%, while the 55 to 64 cohort has declined from 15.2% to 13.8% and the 25 to 34 group has dropped from 9.7% to 8.4%. By 2041, Ulverstone is expected to see notable shifts in its age composition, with the 75 to 84 group projected to grow by 33%, reaching 1,145 people from 861. The aging population dynamic is clear, with those aged 65 and above comprising 93% of projected growth. Conversely, both the 25 to 34 and 0 to 4 age groups are expected to see reduced numbers.