Castle Forbes Bay, TAS 7116

The median house price in Castle Forbes Bay, TAS 7116 is $463k as of June 2026, based on a very small number of recent sales. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

The median weekly house rent in Castle Forbes Bay is $444 as of June 2026, drawn from a very small number of recent leases. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

A 3 bedroom house in Castle Forbes Bay rents for a median $444 per week as of June 2026, drawn from a very small number of recent leases. Across other house sizes: 4-bedroom $444/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

Gross rental yield in Castle Forbes Bay is 2.59% for houses as of June 2026, compared with the TAS unit median of 3.33%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

Castle Forbes Bay's property market trends to June 2026: house prices rose +0.5% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 26 days — faster than a year ago by 159; sales supply sits at 2.4 months (tight). Read together — price, rent, selling speed and supply — they show which way the Castle Forbes Bay market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

As of June 2026 in Castle Forbes Bay, house prices rose +0.5% over the year, gross rental yield is 2.59% against a TAS median of 3.16%, houses take a median 26 days to sell, sales supply is 2.4 months (tight). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

Houses in Castle Forbes Bay sell in a median 26 days on market as of June 2026. Days on market have tightened by 159 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Castle Forbes Bay's sales market sits at 2.4 months of supply for houses as of June 2026 — classified as Tight against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.

House prices in Castle Forbes Bay moved +0.5% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

Castle Forbes Bay's median house price ($463k) is 31% above the TAS median ($354k) as of June 2026. On selling speed, houses clear in 26 days vs 29 days state median. On gross yield, Castle Forbes Bay sits at 2.59% vs 3.16% state median.

The most-transacted segment in Castle Forbes Bay over the 12 months to June 2026 is 3 bed houses with 5 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

Castle Forbes Bay recorded 5 house sales and 0 unit sales over the 12 months to June 2026 — a combined 5 transactions. On the rental side, 2 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.

Castle Forbes Bay is in postcode 7116, in the South East region of TAS. Addresses there are written as Castle Forbes Bay, TAS 7116.

Castle Forbes Bay, TAS 7116 is home to 111 residents (ABS Census 2021). The median resident age is 39, and the average household holds 1.7 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

The median household in Castle Forbes Bay earns $1k per week — roughly $56k a year (ABS Census 2021). Median personal income runs $292/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

The unemployment rate in Castle Forbes Bay is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Castle Forbes Bay is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

Castle Forbes Bay has 9 schools within reach — including Geeveston Primary School, Sacred Heart Catholic School, Franklin Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Castle Forbes Bay, TAS 7116 has a population of 111, a median age of 39, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 9 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

This Castle Forbes Bay market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.