Geilston Bay is a smaller suburb in Tasmania within the Clarence local government area (postcode 7015). With a population of 3,461, the suburb has an established demographic with a median age of 43. Households earn a median income of $84K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Geilston Bay is $700,000, having declined 6% over the past year. Units have a median price of $600,000 (+0.4% YoY). The current median weekly rent is $602. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,625.

Geilston Bay is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 39 bus stops.

From an investment perspective, Geilston Bay offers a gross rental yield of 4.5%, rated as moderate yield. Property prices are near the state median ($700K/$750K). The price-to-income ratio of 8.4x is considered moderate. House prices have moved -6.0% year-on-year.