Suburb Profile Report for Geilston Bay TAS (7015)

Geilston Bay House: Median price $480,000, Annual capital growth 4.70%, Number of sales 59, Weekly median advertised rent $440

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

At number 517th in the list of Australian suburbs ordered by increase in median house value over the last year, Geilston Bay, 7015 is in the top 20% with a property value increase of 14.29% recorded in median house prices.

The five-year average increase in median property values for Geilston Bay,7015 has given property investors a potential capital gain of 42.43% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Geilston Bay, 7015. Typically our figures indicate that -4.62% is being offered, which puts this TAS suburb at 3115th most discounted overall in Australia.

Property investors should expect to get $440 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$480,000 N/A
6.67% N/A
14.29% N/A
4.70% N/A
$440 N/A
59 N/A
4.77% N/A
13.59 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Good (U)
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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
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