Chart Color Schemes
This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
An assessment of population growth drivers in West Ulverstone reveals an overall ranking slightly below national averages considering recent, and medium term trends
West Ulverstone's population was around 4,672 as of May 2026. This reflected an increase of 157 people since the 2021 Census, which reported a population of 4,515. The change was inferred from the estimated resident population of 4,615 in June 2025 and an additional 111 validated new addresses since the Census date. This resulted in a population density ratio of 258 persons per square kilometer. West Ulverstone's growth rate of 3.5% since the 2021 census exceeded the SA3 area's growth rate of 3.2%. Interstate migration contributed approximately 82.8% of overall population gains during recent periods.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, Tasmania State Government's Regional/LGA projections were used with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Projections indicate an overall population decline of 231 persons by 2041, but growth across specific age cohorts is anticipated, led by the 75 to 84 age group projected to increase by 171 people.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in West Ulverstone according to AreaSearch's national comparison of local real estate markets
West Ulverstone has granted around 25 residential properties approval each year. Over the past five financial years, from FY-21 to FY-25129 homes were approved, with an additional 18 approved so far in FY-26. On average, approximately 1.1 new residents arrived per new home over these five years. However, this figure has eased to -0.7 people per dwelling over the past two financial years, indicating better supply availability.
The average construction value of development projects is $323,000. This year, $250,000 in commercial approvals have been registered, suggesting minimal commercial development activity. Compared to the rest of Tasmania, West Ulverstone shows moderately higher development activity, with 44.0% above the regional average per person over the five-year period.
This balance preserves reasonable buyer options while sustaining existing property demand. All new construction in the area has comprised standalone homes, maintaining West Ulverstone's traditional low density character and appealing to those seeking space. With around 272 people per approval, West Ulverstone reflects a low-density area. Given stable or declining population forecasts, West Ulverstone may experience less housing pressure, creating favourable conditions for buyers.
Frequently Asked Questions - Development
Development applications around West Ulverstone
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
West Ulverstone has limited levels of nearby infrastructure activity, ranking in the 7thth percentile nationally
Area infrastructure changes significantly influence local performance. AreaSearch identified five key projects expected to impact the area. Major initiatives include South Road Service Station Development, Ulverstone Sewage Treatment Plant Upgrade, Oak Rise Housing, and Jernej Way Residential Subdivision. The following list details those likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Ulverstone Sewage Treatment Plant Upgrade
A major upgrade to the Ulverstone Sewage Treatment Plant, servicing Ulverstone, Gawler, West Ulverstone, and Penguin. The project, which commenced in March 2023 and was successfully completed in 2024, included installation of a new clarifier, two biosolids dewatering units, upgraded flow metering, new pumps, and critical electrical system improvements. These upgrades enhance the plant's performance, safety, and capacity for future growth, ensuring more efficient operations while delivering improved environmental outcomes for the local region. The improvements make the plant safer and easier for TasWater operators to manage, while also providing additional capacity to support population and industrial growth in the communities served.
Penguin District School Redevelopment
A $20 million redevelopment of the Penguin District School, bringing together the primary and secondary campuses onto a single site. The project included new buildings, upgraded facilities, a performing arts complex, and a gymnasium.
Penguin Town Centre Masterplan
The Penguin Town Centre Masterplan, led by Central Coast Council, is focused on the ongoing revitalization of the Penguin Village Centre. The masterplan includes strategies for improving the main street, re-greening the foreshore, activating key sites and public buildings, and updating the recreation ground. A key part of the plan is to meet housing demand in Penguin through medium-density residential development. The Central Coast Council has developed a comprehensive housing strategy, Our Homes - Our Future, which includes a specific Strategic Housing Structure Plan for Penguin. This strategy has been formally endorsed by the council and will now be implemented through a planning scheme amendment to incorporate the changes into the Tasmanian Planning Scheme.
Penguin Foreshore Remediation and Upgrade Project
A $6.5 million project to protect the Penguin foreshore began in August 2020. The project includes building and improving the wave-break wall to protect against coastal erosion and improve beach access.
North West Transmission Developments
240km of new and upgraded transmission lines and energy infrastructure to increase Tasmania's electricity network capacity. Supporting infrastructure for Marinus Link. The North West Transmission Developments (NWTD) are intended to support Tasmania's renewable energy future. Main construction anticipated to commence in 2026 following final investment decision.
Dial Regional Sports Complex Infrastructure Upgrades
The Tasmanian Government has committed $25 million for infrastructure upgrades at the Dial Regional Sports Complex in Penguin. These upgrades, which include the stadium, ovals, and nearby sports facilities, are intended to enhance the venue's ability to host elite sporting events like VFL/AFLW games, positioning it as an AFL Tier 4 Venue. Central Coast Council will retain ownership of the facility and is currently consulting with users to determine the best allocation of the funding. The project is a continuation of previous redevelopment and upgrades completed in 2018, which included new AFL-standard ovals and a pavilion with change rooms and a function room.
Oak Rise Housing
A social housing development featuring 48 homes with communal green spaces overlooking the Bass Strait, designed to provide safe and affordable housing.
Ulverstone Rise
A 189-lot residential subdivision developed over 10 stages, with titled blocks now available for purchase. Lots range in size and offer coastal views, with house and land packages starting from $572,000 in partnership with Tasmania's leading builders.
Employment
West Ulverstone shows employment indicators that trail behind approximately 70% of regions assessed across Australia
West Ulverstone has a balanced workforce with both white and blue collar jobs. Essential services sectors are well represented, with an unemployment rate of 5.0% as of December 2025. This is 1.1% higher than Regional Tas.'s rate of 3.8%.
Employment growth over the past year was estimated at 6.0%. There were 1,907 residents in work by December 2025, with workforce participation at 52.1%, compared to Regional Tas.'s 58.7%. According to Census responses, only 6.9% of residents worked from home. Employment is concentrated in health care & social assistance, construction, and retail trade.
Construction employment levels are particularly high, at 1.3 times the regional average. Conversely, agriculture, forestry & fishing shows lower representation at 4.3%, compared to Regional Tas.'s 8.4%. Over the year to December 2025, employment increased by 6.0% while labour force grew by 5.6%, reducing the unemployment rate by 0.3 percentage points. National employment forecasts from May-25 project a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to West Ulverstone's employment mix suggests local employment should increase by 6.0% over five years and 12.9% over ten years, though this is a simplified extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
AreaSearch's latest postcode level ATO data released for financial year 2023 shows West Ulverstone SA2 had a median income among taxpayers of $45,993 and an average of $54,515. This is below the national average. Regional Tas., in comparison, had a median income of $49,689 and an average of $59,358. Based on Wage Price Index growth of 10.95% since financial year 2023, current estimates for West Ulverstone would be approximately $51,029 (median) and $60,484 (average) as of March 2026. According to Census 2021 income data, household, family and personal incomes in West Ulverstone all fall between the 5th and 6th percentiles nationally. Income analysis reveals that 31.9% of the population (1,490 individuals) falls within the $400 - $799 income range, differing from regional levels where the $1,500 - $2,999 category predominates at 28.5%. After housing costs, 85.7% of income remains, ranking at only the 8th percentile nationally.
Frequently Asked Questions - Income
Housing
West Ulverstone is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In West Ulverstone, as per the latest Census, 89.9% of dwellings were houses, with the remaining 10.1% being semi-detached homes, apartments, and other types. This distribution mirrors that of Regional Tasmania at 89.9% houses and 10.1% other dwellings. Home ownership in West Ulverstone stood at 42.2%, similar to Regional Tasmania's figure. Mortgaged dwellings accounted for 31.5%, while rented properties made up 26.4%. The median monthly mortgage repayment was $1,213, lower than Regional Tasmania's average of $1,274. Median weekly rent in West Ulverstone was $240, compared to $250 in Regional Tasmania. Nationally, West Ulverstone's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
West Ulverstone has a typical household mix, with a fairly typical median household size
Family households account for 68.5% of all households, including 22.0% couples with children, 32.7% couples without children, and 13.4% single parent families. Non-family households make up the remaining 31.5%, consisting of 29.3% lone person households and 2.0% group households. The median household size is 2.3 people, which matches the Regional Tasmania average.
Frequently Asked Questions - Households
Local Schools & Education
West Ulverstone faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 13.4%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most common (9.2%), followed by postgraduate qualifications (2.6%) and graduate diplomas (1.6%). Vocational credentials are prevalent, with 37.7% of residents aged 15+ holding them, including advanced diplomas (7.9%) and certificates (29.8%). Educational participation is high, with 25.6% of residents currently enrolled in formal education.
This includes primary education (10.8%), secondary education (8.1%), and tertiary education (1.8%).
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
West Ulverstone has 13 operational public transport stops, all serving buses. These stops are covered by 57 different routes, offering a total of 3,104 weekly passenger trips. The area's transport accessibility is deemed good, with residents usually located 339 meters from the nearest stop. Most residents commute outwards daily, with cars being the primary mode of transport at 95%. On average, there are 1.4 vehicles per dwelling. According to the 2021 Census, only 6.9% of residents work from home, which might be influenced by COVID-19 conditions.
Across all routes, service frequency averages 443 trips per day, translating to around 238 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in West Ulverstone is well below average with prevalence of common health conditions notable across both younger and older age cohorts
West Ulverstone faces substantial health challenges, as per AreaSearch's assessment of mortality rates and chronic condition prevalence. Common health conditions are prevalent across both younger and older age cohorts. Private health cover is very low at approximately 47% of the total population (~2,186 people), compared to 49.1% in Regional Tas.
and the national average of 55.7%. The most common medical conditions are arthritis (impacting 12.6% of residents) and mental health issues (9.6%). Conversely, 57.8% declare themselves completely clear of medical ailments, compared to 62.0% in Regional Tas. Working-age population faces notable health challenges with elevated chronic condition rates. The area has 28.1% of residents aged 65 and over (1,310 people), higher than the 24.9% in Regional Tas. Health outcomes among seniors present some challenges, with national rankings even higher than the general population.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees West Ulverstone placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
West Ulverstone's cultural diversity was below average, with 90.8% being citizens and 90.4% born in Australia. English was spoken exclusively at home by 97.4%. Christianity was the predominant religion, practiced by 44.6%, slightly higher than Regional Tas.'s 43.0%.
Ancestry-wise, Australian (34.1%), English (34.0%), and Scottish (7.4%) were the top groups. Notably, Dutch (2.5% vs regional 1.7%), Australian Aboriginal (6.4% vs 4.1%), and Welsh (0.5% vs 0.4%) were overrepresented.
Frequently Asked Questions - Diversity
Age
West Ulverstone hosts an older demographic, ranking in the top quartile nationwide
West Ulverstone has a median age of 48, which is slightly higher than the Regional Tasmanian figure of 45 and significantly above the national average of 38. The age group of 75-84 years shows strong representation in West Ulverstone at 10.6%, compared to Regional Tasmania. However, the 25-34 cohort is less prevalent at 9.5%. According to the 2021 Census, the 75 to 84 age group has increased from 8.8% to 10.6% of the population. Conversely, the 45 to 54 age group has declined from 11.9% to 10.2%, and the 85+ age group has dropped from 4.9% to 3.3%. Demographic modeling suggests that West Ulverstone's age profile will change significantly by 2041. The 75 to 84 age cohort is projected to grow strongly, increasing by 143 people (29%) from 497 to 641. Notably, the combined 65+ age groups are expected to account for 82% of total population growth, reflecting the area's aging demographic profile. Conversely, population declines are projected for the 0 to 4 and 25 to 34 age cohorts.