Suburb data · Clarence · TAS 7015

Geilston Bay 7015 property market: price, yield and growth

Geilston Bay, TAS 7015 is rated Prime in Handle's suburb model as at November 2026. The median house is $795,000 with a 4.2% gross yield, vacancy is 0.85%, and values have grown an average 5.0% a year over five years.

PrimeTop 10% of 3,393 suburbsData as at 2 November 2026
$795KMedian houseClarence median $803K
4.2%Gross yield$675 a week median rent
0.8%VacancyClarence 0.8%
+5.0%5-year growth a year+8.8% in the last 12 months
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The numbers

Geilston Bay by the numbers

Every figure below is from the Handle suburb model, refreshed weekly. Clarence is the council area.

MetricGeilston BayClarenceContext
Median house price$795,000$803,000 
Median rent$675 / week +12.5% in 12 months
Gross rental yield4.2%4.2% 
Vacancy rate0.85%0.85%3 homes for rent
Days on market16 days  
Stock on market0.45% 7 listings, 57 sales a year
Months of inventory1.3  
12-month growth+8.8%  
5-year growth (a year)+5.0% +28% cumulative
10-year growth (a year)+7.3%  
Tight vacancy (0.85%)Government-backed jobs 40%1.3 months of stockSells in 16 days

Price growth

A median Geilston Bay house was worth about $623,000 five years ago. Today it is $795,000, a +28% change, or 5.0% a year. Over 10 years the average is 7.3% a year, and the last 12 months added +8.8%.

Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.

Five years in Geilston Bay
$623KMedian house, 5 years agoDerived from the 5-year growth rate
to
$795KMedian house, November 2026+28% over five years

Rental market

The median house in Geilston Bay rents for $675 a week, a 4.2% gross yield. Rents have moved +12.5% over the last 12 months, and vacancy sits at 0.85%, well under the 1.5% line we treat as tight.

Rent and vacancy
$675Median weekly rent for a house
4.2%Gross yield, Clarence 4.2%
0.8%Vacancy, Clarence 0.8%

Supply and demand

There are 7 houses listed for sale against roughly 57 sales a year, which is 1.3 months of stock. Homes take 16 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.

How fast Geilston Bay sells
16daysAverage days on market
1.3mthsMonths of inventory
0.5%Of homes on the market

Who lives in Geilston Bay

Geilston Bay has about 3,461 residents, up 16.9% over 10 years. Median household income is $1,795 a week, 116% of the TAS median. 82% of homes are owner-occupied, and 9% of mortgaged households are in mortgage stress.

The community
$1,795Median household income a week
82%Owner-occupiers
9%Households in mortgage stress
Jobs and infrastructure

Where the jobs and the money are going

Employment across Clarence, where 40% of jobs are in government-backed sectors like health, education and public administration.

Health Care and Social Assistance16.7%
Public Administration and Safety11.7%
Education and Training11.2%
Construction10.0%
Retail Trade9.5%
No major projects tracked yet
PrimeHandle modelNovember 2026
Handle's read

What the data says about Geilston Bay

Of the four signals our model scores, buyer demand and rental return lead for Geilston Bay and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.

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Data as at 2 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.

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What our clients say

Professionals who used Handle to buy, in their own words.

Questions

Geilston Bay FAQ

Is Geilston Bay a good place to invest in 2026?

Geilston Bay is rated Prime in Handle's suburb model, in the top 10% of 3,393 Australian suburbs as at November 2026. The median house is $795,000 with a 4.2% gross yield and 0.85% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.

What is the postcode for Geilston Bay?

The postcode for Geilston Bay, TAS is 7015. Geilston Bay is in the Clarence local government area, and our data below covers houses in Geilston Bay itself rather than the wider council area.

What is the median house price in Geilston Bay?

The median house price in Geilston Bay, TAS is $795,000 as at November 2026, against $803,000 across Clarence. Values moved +8.8% over the last 12 months and averaged 5.0% a year over five years.

What is the rental yield in Geilston Bay?

A median house in Geilston Bay rents for $675 a week, a gross rental yield of 4.2%. The Clarence median is 4.2%. Rents changed +12.5% over 12 months.

What is the vacancy rate in Geilston Bay?

Vacancy in Geilston Bay is 0.85%. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.

What is driving the Geilston Bay property market?

Employment across Clarence is led by health care and social assistance, public administration and safety, education and training, with 40% of jobs in government-backed sectors. Homes sell in about 16 days with 1.3 months of stock.

Keep exploring

Nearby and related

Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 2 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.

Suburb Profile

Suburb profile for,

Geilston Bay, TAS

Located in the dynamic state of TAS (postcode 7015), GEILSTON BAY is a vibrant real estate market. This suburb holds a median house price of $746,000 and has demonstrated an average buying growth of Up 0.8%. Last month, 24 houses were available, with 37 transactions completed in the past year. Properties spend around 13 days on the market, reflecting the area's demand with 849 interested buyers. The average rental yield stands at 4.1%, with a weekly median rent of $470 per week and an average rent growth of Up 17.9%. Rental properties usually stay on the market for 17 days. The population in 2016 was 3047, which changed by -4.20% in the past five years. The median weekly household income is $1,455, reflecting an income change of +15.29% over the past five years. Residents have a median age of 43 years, and the suburb has an average annual growth for houses of +12.33%. To fully take advantage of GEILSTON BAY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in GEILSTON BAY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Geilston Bay, TAS

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
TAS
Suburb
GEILSTON BAY
Postcode
7015
Median price for all dwellings
$746,000
Last 12 months growth return
Up 0.8%
Avg. dwellings for sale in the suburb every month
24
Avg. dwellings sold in the suburb in previous 12 months
37
Avg days on market for a dwelling listing to sell
13 days
Avg. number of people searching in this suburb every month
849
Avg. rental yield per annum
4.10%
Weekly median rent for all dwellings
$470 per week
Median price for all houses
$746,000
Avg. rental yield growth in the previous 12 months
4.10%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
3047
Total suburb population change in 5 years up to 2016
-4.20%
Avg. household income per week
$1,455
Median age of the population in the suburb
43
Historic avg annual growth return per annum in the suburb
12.33%