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George Town

Suburb Profile

George Town - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7253

house
unit
GEORGE TOWN ranks 98th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.7% for the past year is higher than average compared to its 45.33% growth within a five-year period.

Also in GEORGE TOWN, the median home price is sitting at $210,000, and the average rent at $270, this suggests property owners could potentially earn a 6.69% increase in gross rental yield.

Property investors have seen a 5% gain in GEORGE TOWN based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on GEORGE TOWN, 7253 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 11.7%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.65% growth over a ten-year period. It ranks 2719th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $210,000 $191,500
GROWTH REPORT
Median Quarterly 5% N/A
Median 12 month 11.7% -7.93%
Median 3 years 31.25% N/A
Median 5 years 45.33% -8.81%
10 years average annual 2.65% -7.93%
Weekly media advert. rent $270 $195
Time on Market 64.4 days 0.0 days
Gross Rental Yield Percent 6.69% 5.3%
demographics (median values)
Total Population
4266
Weekly Household Income
601.3
Household Size
2.50
demographics
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