Back to results

Westbury vs Ulverstone — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $600kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Westbury

    TAS · 7303
    26Below trend
    Median
    $525k
    5y growth
    6.6%/yr
    BalancedThin market · ~2k residents

  2. Ulverstone

    TAS · 7315
    41Below trend
    Median
    $495k
    5y growth
    7.0%/yr
    BalancedStable entry point

Metric breakdown

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

Metric · weight
Westbury
Ulverstone
Capital growth (5y)
weight 22%
666.6%/yr
707.0%/yr
Rental yield
weight 13%
522.6%
532.6%
Rental demand
weight 10%
352.6%
402.4%
Population growth
weight 12%
313.1%
313.1%
Income growth
weight 12%
4411.0%
4812.0%
Construction pipeline
weight 15%
0–
0–
Affordability
weight 8%
1313% under cap
1818% under cap
Supply tightening
weight 8%
40+2.0% YoY
500.0% YoY

Winner per dimension

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

  1. Westbury

    0/8

    No outright lead on any single dimension.

  2. Ulverstone

    6/8
    • Capital growth (5y)
    • Rental yield
    • Rental demand
    • Income growth
    • Affordability
    • Supply tightening

Why Westbury

Thin market · ~2k residents

6.6%/yr capital growth, 2.6% gross yield.

Drivers
  • Capital growth6.6%/yr
Risks
  • Only 2,272 residents — illiquid, slow to sell
  • No major construction project in this state

Construction ·UTAS Launceston Inveresk Campus27.5 kmRecently completed · 2024

Why Ulverstone

Stable entry point

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

Drivers
  • Capital growth7.0%/yr
Risks
  • No major construction project in this state

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