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Investment Property George Town, TAS

Region Snapshot

George Town is a region in Tasmania, Australia. George Town has a population of 6,759 people and 22.86% of its occupants live in rental accommodation. The median listing price for houses is $499,000 and this has changed 8.71% over the past year and changed 9.42% over 2 years.

The median rent in for houses is $395 per week and the median rental yield is 4.11%. Stock on the market for houses/townhouses has changed 21.74% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $450,000 and this has changed 1.12% over the past year. The average unit takes NA days to sell and the median rent for a unit in George Town is $295 per week, producing a rental yield of 3.40%.

Supply & Demand in George Town

0.80%

Current vacancy rate


33

Rental stock available


6,759

Population


22.86%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for George Town

  House Townhouses Units
Median listing price $499,000 NA $450,000
Median price change - last quarter -0.41% NA -2.17%
Median price change - 1 year 8.71% NA 1.12%
Median price change - 2 years 9.42% NA NA
  House Townhouses Units
Median weekly rent $395 NA $295
Median yield % 4.11% NA 3.40%
Median rent change - 1 year 3.94% NA 5.35%
  House Units
Previous month sales 10 2
Stock on market previous month 84 11
Stock variance vs. last year 21.74% 37.50%
Average days on market NA NA

George Town investment property listings

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