Geeveston (postcode 7116) is a small community in Tasmania within the Huon Valley local government area. It is home to about 1,431 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Aboriginal Australian.
Geeveston has a median house price of $543,000, which has moved lower by 6.4% year-on-year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,083.
Geeveston is served by 2 schools, including 2 primary. The average ICSEA score is 935, which is below the national average of 1,000. Public transport access includes 5 bus stops.
From an investment perspective, Gross rental yield sits at around 2.6% (low yield). Property prices are near the state median ($543K/$750K). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -6.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.