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Ulverstone vs Red Cliffs — which is best for growth?

Same eight metrics, scored against the same benchmark, ranked against a $500kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Ulverstone

    TAS · 7315
    40Below trend
    Median
    $495k
    5y growth
    7.0%/yr
    BalancedStable but fully priced

  2. Red Cliffs

    VIC · 3496
    53Average
    Median
    $400k
    5y growth
    13.0%/yr
    GrowthStable entry point

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Ulverstone
Red Cliffs
Capital growth (5y)
weight 22%
707.0%/yr
10013.0%/yr
Rental yield
weight 13%
532.6%
623.1%
Rental demand
weight 10%
402.4%
402.4%
Population growth
weight 12%
313.1%
787.8%
Income growth
weight 12%
4812.0%
5213.0%
Construction pipeline
weight 15%
0–
0–
Affordability
weight 8%
11% under cap
2020% under cap
Supply tightening
weight 8%
500.0% YoY
25+5.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Ulverstone

    1/8
    • Supply tightening

  2. Red Cliffs

    5/8
    • Capital growth (5y)
    • Rental yield
    • Population growth
    • Income growth
    • Affordability

Why Ulverstone

Stable but fully priced

7.0%/yr capital growth, 2.6% gross yield.

Drivers
  • Capital growth7.0%/yr
Risks
  • At top of budget (99% of cap)
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus85.2 kmRecently completed · 2024

Why Red Cliffs

Stable entry point

13.0%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth13.0%/yr
  • Population growth+7.8% (5y)
  • Rental yield3.1%
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub454.0 kmApproved · 2033