Geeveston

POSTAL CODE: TAS, 7116
HOUSE

Property investors enjoyed capital gains of 13.16% 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 9.66% growth over a ten-year period. It ranks 138th on our list of suburbs that property investors should look into.

GEEVESTON, 7116 has a capital gain of 13.16% for the past year, which is higher than average compared to its 31.42% growth within a five-year period.

With the median home price in GEEVESTON sitting at $537,500, and the average rent at $435, property owners could potentially earn a 4.21% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GEEVESTON are low, 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.

Surburb overview

Geeveston, with the postcode 7116, is a quaint town located approximately 62 kilometres southwest of Hobart in Tasmania. Nestled in the heart of the Huon Valley, Geeveston is known for its rich forestry heritage, charming streetscapes, and close-knit community. The population of Geeveston is around 1,500 residents, consisting mainly of families, professionals, and retirees who appreciate the town's serene environment and vibrant community spirit.

Geeveston falls under the jurisdiction of the Huon Valley Council, which ensures well-maintained infrastructure and community services. Public transportation options include bus services connecting Geeveston to Hobart and surrounding areas. The town is also easily accessible by car via the Huon Highway, facilitating convenient travel to Hobart and other nearby towns.

Educational facilities in Geeveston include Geeveston Primary School, which serves the local community and provides a strong educational foundation for young children. For secondary education, students typically attend nearby schools such as Huonville High School. Further educational opportunities are available in Hobart, including the University of Tasmania.

For shopping and essential services, Geeveston offers a range of local shops, cafes, and dining options. The town features charming heritage buildings housing boutiques, galleries, and specialty stores. For more extensive shopping and services, residents often travel to Huonville or Hobart, which provide a wider range of retail stores, supermarkets, and essential services.

The town is a gateway to the Southern Forests, providing excellent opportunities for hiking, birdwatching, and exploring the stunning landscapes. The nearby Tahune AirWalk offers a unique treetop experience, with breathtaking views of the forest canopy and the Huon River.

The Geeveston Heritage Park is a popular local spot, featuring walking trails, picnic areas, and playgrounds, making it ideal for family outings and outdoor activities. The town's location along the Kermandie River provides opportunities for fishing and kayaking, further adding to the recreational options available to residents.

The town is home to the Forest & Heritage Centre, which showcases the region's forestry history and offers interactive exhibits and displays. The centre also serves as a starting point for various forest tours and activities.

The annual Geeveston Feast celebrates local produce and culinary delights, attracting visitors from across the region. Local markets, sports events, and cultural activities provide opportunities for residents to come together and enjoy the vibrant community spirit.

Residents of Geeveston benefit from its tranquil rural lifestyle while having access to the amenities and attractions of Hobart. The town's natural beauty, recreational opportunities, and rich history make it a unique and appealing place to live for those who value a close-knit community and a serene environment.

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