Geilston Bay is in the bottom 40% in TAS when comparing median price capital growth over the last year. Geilston Bay gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.49%.
Taking the average capital gain, or increase in median house value, Geilston Bay,7015 has racked up an average of 2.49% over the period. This ranks it number 2424th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Geilston Bay is $381250, with sellers offering an average of -3.65% off the asking price.
With the median price for a house in Geilston Bay being $381250 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.46%