Geeveston TAS

Postcode 7116 · Huon Valley LGA

Geeveston is a small community in Tasmania within the Huon Valley local government area (postcode 7116). With a population of 1,431, the suburb has an established demographic with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.

The median house price in Geeveston is $543,000, having declined 6.4% over the past 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, Geeveston offers a gross rental yield of 2.6%, rated as 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.

INVESTMENT SIGNALS
Rental Yield2.6% Low Yield
Price vs State$543K/$750K Near Median
Affordability9.5x Moderate
Price Momentum-6.4% Falling
INCOME (ATO 2022-23)
Median Income$43,715
Mean Income$52,022
Earners2,406
YoY Change+4.1%
SEIFA INDEX (ABS)
Advantage2/10
Education2/10
Economic3/10
Disadvantage2/10
MEDIAN HOUSE
$543K
-6.4% YoY
MEDIAN RENT /WK
$270
POPULATION
1,431
DEMOGRAPHICS
Median Age44
Household Size2.4
HH Income /wk$1,103
Personal Income /wk$554
Mortgage /mth$1,083
TRANSPORT
Bus Stops5
SCHOOLS (2)
Avg ICSEA935
Total Students190
Catholic1
Government1
Sacred Heart Catholic SchoolPrimary · Catholic · ICSEA 954
Geeveston Primary SchoolPrimary · Government · ICSEA 916
Data: 2024