71 Reibey Street, Ulverstone, TAS 7315 | Property Value & History | OnTheHouse
FOR SALE

71 Reibey Street
Ulverstone TAS 7315

Bedrooms: 4
Bathrooms: 1
Car spaces: 5
Floor area: 460m2
Land area: 333m2
This property is currently on the market
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Property Details for 71 Reibey St, Ulverstone

71 Reibey St, Ulverstone is a 4 bedroom, 1 bathroom House with 5 parking spaces and was built in 1953. The property has a land size of 333m2 and floor size of 460m2.This Property is currently listed for sale with Elders Real Estate Ulverstone

Building Type
House
Year Built
1953
Floor Size
460m2
Land Size
333m2
Local Government
Central Coast
Lot/Plan
1/114495

Last Listing description (June 2026)

Built in 1953, this iconic building has had many faces over the years and is now available to purchase. Originally built as the ANZ Bank and upstairs to accommodate the bank manager of the time, the property has undergone a few renovations over its lifetime.
Being centrally located in the Ulverstone CBD, everything is within walking distance.
The property is zoned General Business with the ground floor level currently tenanted on a 1 + 2 + 2 year lease.

Upstairs is currently tenanted on a Residential Tenancy Agreement and offers an amazing townhouse with 3-4 bedrooms (all with built-in robes), open plan kitchen & dining with ocean views, formal dining and separate living area.
There is a separate shower room plus separate bathroom.
Undercover parking for up to 5 cars, workshop and loads of storage options.
North facing deck with views and viewing platform with 360 degree views of Ulverstone.
Properties like this, offering multiple streams of income, don't come about very often.

Other features:
* Re-roofed
* Re-wired
* Re-plumbed
* Painted
* Solar water
* Solar power
* Ducted heating upstairs
* Double glazed windows
* 1st floor commercial tenancy in place
* 2nd floor residential tenancy in place

Property History for 71 Reibey St, Ulverstone, TAS 7315

A timeline of how this property has performed in the market
Last Sold
$285,000
13 Dec 2006
Listed for Rent
$475/w
01 Sep 2025
  • 02 Jun 2026
    Listed for Sale Offers Over $999,000
  • 15 May 2025
    Listed for Rent $450 / week
  • 13 Feb 2025
    Listed for Sale Offers Over $999,000
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About Ulverstone 7315

The size of Ulverstone is approximately 16.6 square kilometres. There are 14 parks, covering nearly 3.7% of the 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 3,895 properties. Over the last 5 years, Houses in Ulverstone have seen a 63.56% increase in median value, while Units have seen a 63.37% increase. As at 31 May 2026:

  • The median value for Houses in Ulverstone is $616,712 while the median value for Units is $506,183.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 28 properties listed for sale, and 1 property listed for rent in Ulverstone on OnTheHouse. According to Cotality's data, 155 properties were sold in the past 12 months in Ulverstone.

Suburb Insights for Ulverstone 7315

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.