Castle Forbes Bay Suburb Profile

Tasmania 7116

Castle Forbes Bay has 109 properties. Over the last 5 years, Houses in Castle Forbes Bay have seen a 69.47% increase in median value. As at 31 October 2024:

• The median value for Houses in Castle Forbes Bay is $623,317.

The size of Castle Forbes Bay is approximately 16.9 square kilometres. It has 2 parks covering nearly 49.1% of total area. The population of Castle Forbes Bay in 2011 was 579 people. By 2016 the population was 159 showing a population decline of 72.5% in the area during that time. The predominant age group in Castle Forbes Bay is 60-69 years. Households in Castle Forbes Bay are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Castle Forbes Bay work in a managers occupation. In 2011, 76.4% of the homes in Castle Forbes Bay were owner-occupied compared with 76.6% in 2016.