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Investment Property Georgetown, NSW, 2298

Suburb Snapshot

Georgetown is a suburb in the Newcastle Region of New South Wales. Georgetown has a population of 1,957 people and 26.79% of its occupants live in rental accommodation. The median listing price for houses is $860,000 and this has changed 7.50% over the past year and changed 1.77% over 2 years.

The median rent in Georgetown for houses is $680 per week and the median rental yield is 4.11%. Stock on the market for houses/townhouses has changed -50.00% compared to last year and the average time to sell a house/townhouse is 27 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 342 days to sell and the median rent for a unit in Georgetown is NA per week, producing a rental yield of NA.

Supply & Demand in Georgetown, Newcastle

0.71%

Current vacancy rate


7

Rental stock available


1,957

Population


26.79%

Rental population


1.04%

Current vacancy rate


855

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Georgetown, Newcastle

  House Townhouses Units
Median listing price $860,000 NA NA
Median price change - last quarter 0.58% NA NA
Median price change - 1 year 7.50% NA NA
Median price change - 2 years 1.77% NA NA
  House Townhouses Units
Median weekly rent $680 NA NA
Median yield % 4.11% NA NA
Median rent change - 1 year 4.61% NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 3 4
Stock variance vs. last year -50.00% -55.56%
Average days on market 27 342

Georgetown investment property listings

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