Property value increases in Geilston Bay have tracked close to the TAS average of 6.16% over the last 12 months.
Geilston Bay,7015 was ranked 716 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Geilston Bay is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 154th in terms of most discounted suburbs in TAS
Often selling an investment property can take time, and in Geilston Bay the average time real estate has been on the market is 28.01 days.
With the median price for a house in Geilston Bay being $385500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.40%