294 East Derwent Highway

Geilston Bay TAS 7015

The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2011 was 3,181 people. By 2016 the population was 3,047 showing a population decline of 4.2% in the area during that time. The predominant age group in Geilston Bay is 50-59 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation. In 2011, 82.5% of the homes in Geilston Bay were owner-occupied compared with 80.7% in 2016.

Geilston Bay has 1,653 properties. Over the last 5 years, Houses in Geilston Bay have seen a 49.22% increase in median value, while Units have seen a 47.97% increase. As at 31 August 2024:

• The median value for Houses in Geilston Bay is $659,626 while the median value for Units is $518,287.
• Houses have a median rent of $555 while Units have a median rent of $550.