Suburb Profile Report for Geeveston TAS (7116)

Geeveston House: Median price $222,000, Annual capital growth 3.11%, Number of sales 29, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Geeveston, 7116 have given investors a capital gain of -14.94%. This compares very badly with the 6.16% for TAS as a whole.

If we look at median property appreciation over just the last three months, Geeveston has given property investors a paper return of -7.50%. This puts Suburb as 169 on a list of fastest fasting appreciating suburbs in TAS

Vendor discounting in Geeveston is giving property investors an average Vendor Discount of around -5.79%. This puts suburb at number 96th in TAS when ranking the most discounted suburbs.

Advertised rents are around the $260 mark per week – giving a return of 6.09% based on the median price in Suburb

Metrics i HOUSE UNIT
$222,000 N/A
-7.50% N/A
-14.94% N/A
3.11% N/A
$260 N/A
29 N/A
6.09% N/A
117.4 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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
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