Suburb Profile Report for Geeveston TAS (7116)

Geeveston House: Median price $222,000, Annual capital growth 3.58%, Number of sales 25, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Geeveston has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -21.97%

If we look at median property appreciation over just the last three months, Geeveston has given property investors a paper return of -3.48%. This puts Suburb as 161 on a list of fastest fasting appreciating suburbs in TAS

Sellers are offering property buyers an average discount of -5.49% to buyers in Geeveston at the moment, which is less than average for the rest of TAS.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

The TAS suburb of Geeveston, 7116 is in the Huon Valley local government area.

Metrics i HOUSE UNIT
$222,000 N/A
-3.48% N/A
-21.97% N/A
3.58% N/A
$260 N/A
25 N/A
6.09% N/A
100.11 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1430
Median household income ($/weekly) 765
Median age of persons 41
Median housing loan repayment ($/monthly) 1083
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 212 14.8
    25-34 years 129 9.0
    35-44 years 199 13.9
    45-54 years 211 14.7
    55-64 years 217 15.2
    Others 463 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 485 46.0
    Not Married 398 37.7
    Defacto Relationship 172 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1223 88.8
    Papua New Guinea 21 1.5
    United Kingdom 91 6.6
    United States of America 8 0.6
    Other 12 0.9
    Others 22 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 757 58.7
    No Religion 501 38.8
    Islam 13 1.0
    Buddhism 10 0.8
    Other Religious Groups 9 0.7
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 57 11.9
    $400-$599 92 19.1
    $600-$799 77 16.0
    $800-$999 55 11.4
    $1,000-$1,249 51 10.6
    Others 149 31.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 515 47.5
    Employed, worked full-time 269 24.8
    Employed, worked part-time 208 19.2
    Employed, away from work 50 4.6
    Unemployed, looking for work 42 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 78 14.8
    Professionals 65 12.3
    Technicians & trades workers 64 12.1
    Machinery operators & drivers 61 11.6
    Labourers 110 20.9
    Others 149 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 14 5.1
    Infants/Primary 123 44.4
    Secondary 81 29.2
    Technical or Further Educational Institution 26 9.4
    University or other Tertiary Institutions 23 8.3
    Others 10 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1359 98.5
    Semi-detached, row or terrace house, townhouse 8 0.6
    House or flat attached to a shop, office 8 0.6
    Flat, unit or apartment 4 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 228 42.6
    Being purchased 220 41.1
    Rented 84 15.7
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals