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Investment Property George Town, TAS, 7253

Suburb Snapshot

George Town is a suburb in the George Town Region of Tasmania. George Town has a population of 4,349 people and 32.33% of its occupants live in rental accommodation. The median listing price for houses is $429,000 and this has changed 8.60% over the past year and changed 13.79% over 2 years.

The median rent in George Town for houses is $390 per week and the median rental yield is 4.72%. Stock on the market for houses/townhouses has changed 35.14% compared to last year and the average time to sell a house/townhouse is 107 days.The median listing price for units is $452,500 and this has changed -0.55% over the past year. The average unit takes 107 days to sell and the median rent for a unit in George Town is $295 per week, producing a rental yield of 3.39%.

Supply & Demand in George Town, George Town

1.08%

Current vacancy rate


26

Rental stock available


4,349

Population


32.33%

Rental population


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, George Town

  House Townhouses Units
Median listing price $429,000 NA $452,500
Median price change - last quarter -4.46% NA -2.47%
Median price change - 1 year 8.60% NA -0.55%
Median price change - 2 years 13.79% NA NA
  House Townhouses Units
Median weekly rent $390 NA $295
Median yield % 4.72% NA 3.39%
Median rent change - 1 year 2.63% NA 3.50%
  House Units
Previous month sales 7 2
Stock on market previous month 50 11
Stock variance vs. last year 35.14% 83.33%
Average days on market 107 107

George Town investment property listings

Showing 2 of 2 investment properties found in George Town on realestateinvestar.com.au

33 South St, George Town

$535,000

property pic

North facing suntrap in South Street

Welcome to 33 South Street, George Town a delightful north-facing family home basking in natural light and warmth throughout the day. Set privately at the rear of the block in one of the area's most popular streets, this inviting residence is perfect for families seeking a place to settle and ...

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House

TAS 7253


8 Brown Ave, George Town

$429,000

property pic

Your New Home Awaits

Positioned in a quiet, well-established street, this solid brick home offers a fantastic opportunity for first home buyers, downsizers or savvy investors seeking a low-maintenance property with nothing left to do. Inside, the home presents a light-filled and functional layout, featuring three ...

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House

TAS 7253


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