Suburb Profile Report for Geilston Bay TAS (7015)

Geilston Bay House: Median price $360,000, Annual capital growth 2.64%, Number of sales 62, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Geilston Bay, 7015 have given investors a capital gain of -5.88%. This compares badly with the 3.08% for TAS as a whole.

Over the longer term, Geilston Bay has seen property prices show investors a 6.82% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Geilston Bay should be aiming for at least -3.72% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.

Situated 5.54km from the CBD, Geilston Bay is one of Clarence localities in the postcode 7015.

HOUSE UNIT
$360,000 N/A
2.86% N/A
-5.88% N/A
2.64% N/A
$400 N/A
62 N/A
5.78% N/A
43.21 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Geilston Bay TAS
Demographics
Total population 3181
Median household income ($/weekly) 1237
Median age of persons 42
Median housing loan repayment ($/monthly) 1547
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 360 11.3
    25-34 years 348 10.9
    35-44 years 430 13.5
    45-54 years 496 15.6
    55-64 years 413 13.0
    Others 1134 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 1263 51.9
    Not Married 928 38.1
    Defacto Relationship 244 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2752 89.7
    Greece 18 0.6
    Papua New Guinea 34 1.1
    United Kingdom 151 4.9
    Other 31 1.0
    Others 82 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 2115 72.0
    No Religion 794 27.0
    Buddhism 17 0.6
    Hinduism 6 0.2
    Other Religious Groups 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 111 9.5
    $600-$799 123 10.5
    $1,000-$1,249 114 9.8
    $1,500-$1,999 168 14.4
    $2,000-$2,499 162 13.9
    Others 491 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 990 38.6
    Not in the labour force 857 33.4
    Employed, worked part-time 559 21.8
    Employed, away from work 93 3.6
    Unemployed, looking for work 65 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 351 21.4
    Technicians & trades workers 228 13.9
    Community & personal service workers 184 11.2
    Clerical & administrative workers 337 20.5
    Sales 195 11.9
    Others 347 21.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 251 36.3
    Secondary 214 31.0
    Technical or Further Educational Institution 81 11.7
    University or other Tertiary Institutions 105 15.2
    Other type of educational institution 21 3.0
    Others 19 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2943 97.8
    Semi-detached, row or terrace house, townhouse 53 1.8
    Flat, unit or apartment 6 0.2
    Caravan, cabin, houseboat 6 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 567 45.1
    Fully owned 494 39.3
    Rented 191 15.2
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals