The size of Freestone is approximately 56.3 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Freestone in 2011 was 271 people. By 2016 the population was 208 showing a population decline of 23.2% in the area during that time. The predominant age group in Freestone is 10-19 years. Households in Freestone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Freestone work in a managers occupation. In 2011, 77.5% of the homes in Freestone were owner-occupied compared with 75.4% in 2016.