5/3 Riverside Ave, Ulverstone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 101m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Ideally located close to the Leven River, ANZAC Park and the CBD, this 1994 built unit represents an excellent investment opportunity.
You enter into a lovely and spacious open plan living room with kitchen and dining. There are 2 bedrooms (one with built-in wardrobe). The bathroom has a shower over the bath and a vanity unit. The toilet is separate. There is also a single garage with internal access.
The tenants currently have a lease ($240pw) until August 2019, but have indicated that they could be flexible earlier if the purchaser wanted occupancy of the property.
The size of Ulverstone is approximately 16.6 square kilometres. It has 14 parks covering nearly 3.7% of total area. The population of Ulverstone in 2016 was 6465 people. By 2021 the population was 6653 showing a population growth of 2.9% in the area during that time. The predominant age group in Ulverstone is 60-69 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a community and personal service occupation.In 2021, 70.10% of the homes in Ulverstone were owner-occupied compared with 67.70% in 2016.
Ulverstone has 3,884 properties. Over the last 5 years, Houses in Ulverstone have seen a 76.03% increase in median value, while Units have seen a 52.41% increase. As at 31 December 2025:
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