AREA REPORTS

Geeveston

Suburb Profile

Geeveston - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7116

house

Property investors enjoyed capital gains of 21.74% over the last 12 months in GEEVESTON, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 5.5% growth over a ten-year period. It ranks 1429th on our list of suburbs that property investors should look into.

GEEVESTON, 7116 has a capital gain of 21.74% for the past year, which is higher than average compared to its 14.29% growth within a five-year period.

With the median home price in GEEVESTON sitting at $280,000, and the average rent at $280, property owners could potentially earn a 5.2% increase in gross rental yield.

A 21.74% increase in median property prices in GEEVESTON, 7116 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 31st.

Figures from the previous quarter show that capital gains for real estate buyers in GEEVESTON are high, as opposed to average gains per annum over the past five years.

GEEVESTON, 7116 in TAS belongs to the local government area of Huon Valley.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $280,000 N/A
GROWTH REPORT
Median Quarterly 4.09% N/A
Median 12 month 21.74% N/A
Median 3 years 24.44% N/A
Median 5 years 14.29% N/A
10 years average annual 5.5% N/A
Weekly media advert. rent $280 N/A
Time on Market 90.0 days N/A
Gross Rental Yield Percent 5.2% N/A
demographics (median values)
Total Population
1587
Weekly Household Income
659.9
Household Size
2.60
demographics
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