Suburb Profile Report for Geilston Bay TAS (7015)

Geilston Bay House: Median price $515,500, Annual capital growth 4.27%, Number of sales 56, Weekly median advertised rent $490

Geilston Bay Unit: Median price $375,000, Annual capital growth 6.17%, Number of sales 12, Weekly median advertised rent $450

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Geilston Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.40%

When looking at the potential capital gains offered to property investors over the last 3 years, Geilston Bay comes in at number 51th in TAS.

In the last year 56 properties changed hands in Geilston Bay, which puts it as the 53th most active market in TAS when comparing the number of sales per suburb.

Situated 5.46km from the CBD, Geilston Bay is one of Clarence (C) localities in the postcode 7015.

Giving property investors a a poor capital gain of -14.29% for the last year, Geilston Bay, 7015 is the 1415th highest performer in Australia in this respect.

The TAS suburb of Geilston Bay, 7015 is in the Clarence (C) local government area.

Metrics i HOUSE UNIT
$515,500 $375,000
3.31% 0.00%
7.40% -14.29%
4.27% 6.17%
$490 $450
56 12
4.94% 6.24%
28.3181818181818 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Excellent (H), Very 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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