Geilston Bay is in the bottom 30% in TAS when comparing median price capital growth over the last year. Geilston Bay gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.79%.
Geilston Bay,7015 has offered an average of -4.79% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Geilston Bay 7015 should be seeing an average reduction in asking price of around -3.65% . This means that Geilston Bay is holding prices well when compared to other suburbs in TAS.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at 2.75%.