George Town TAS 7253

Here you can find what you need to know about George Town, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$168k Median Sale Price (National Average $485k) 207th In TAS
5% Median Price Change (1 yr) (National Average 4.30%) 141st In TAS
$250pw Median Rent (National Average $395) 124th In TAS
7.7% Median Gross Yield (National Average 4.24%) 6th In TAS
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Properties sold 139
Average discounting -5.88%
Average Days on Market 79
Stock on Market 35 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

George Town, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

George Town, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

George Town, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in George Town


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State Auction Clearance Rates - May 2019

Auctions Clearance rate
TAS 4 33%
ACT 63 62%
NSW 697 70%
NT 9 50%
QLD 139 37%
SA 135 58%
VIC 971 63%
WA 32 31%

Local Schools


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Suburb Information

George Town, TAS 7253

Part of: George Town Council No data available

The size of George Town is approximately 104.8 square kilometres. It has 38 parks covering nearly 33.6% of total area. The population of George Town in 2011 was 4,303 people. By 2016 the population was 4,338 showing a population growth of 0.8% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation. In 2011, 57.8% of the homes in George Town were owner-occupied compared with 59.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in George Town

Demographic data provided
by Australian Bureau of Statistics


Market Trends for George Town   for Houses in last 12 months


There have been 135 Houses sold in George Town in the past 12 months with a median sale price of $172K, up 6.33% annually. It takes on average 82 days to sell with vendor discounting of -6.05%.

Streets in George Town


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