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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 3 of 3 investment properties found in George Town on realestateinvestar.com.au

96 Anne St, GEORGE TOWN

$359,000

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TAS 7253


27 Jasper Pl, GEORGE TOWN

$499,000

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Modern Living in George Town - Completion Due July 2025

Positioned in a prime pocket of George Town and surrounded by quality new developments, this soon-to-be-completed brick home presents an exciting opportunity to be part of a fast-growing regional hub. Set for completion in August 2025, the home blends modern design, functionality, and ...

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TAS 7253


17 Widdowson St, GEORGE TOWN

$499,000

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Due Mid 2025 - Ideal First Home Buyer or Downsizer - New build o

This stunning 3-bedroom, 2-bathroom townhouse, due for completion in July 2025, offers an excellent opportunity for both first home buyers and those considering downsizing. Located in the growing area of George Town, this property combines the perfect blend of modern living with exceptional ...

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TAS 7253


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