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.