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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 5 of 69 investment properties found in George Town on realestateinvestar.com.au

2/11 Adelaide St, George Town

$815,000

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York Cove Apartment with Stunning River Views

Well-located within an exclusive complex, in the prestigious York Cove precinct, this premium waterfront apartment delivers the quintessential coastal lifestyle in the centre of George Town. The well-considered floor plan has been designed to maximise light, panoramic views and liveability. The ...

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TAS 7253


10 Burnett St, George Town

$599,000

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Fantastic Family Home!!

Welcome to 10 Burnett Street, George Town - a beautiful family home that perfectly combines comfort and convenience. This delightful property has undergone a full renovation and is now available for sale. Featuring three spacious bedrooms, 2 with built-ins, this house offers ample room for the ...

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TAS 7253


66 Davies St, George Town

$499,000

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Move-In Ready!!

Welcome to 66 Davies St, George Town - a charming and well-updated three-bedroom family home that offers a perfect blend of comfort and convenience. This delightful property is situated on a generous 724 sqm (approx.) block and provides ample space for entertaining. The layout creates a warm and ...

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House

TAS 7253


32 Esplanade South, George Town

$630,000

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Water-front property!!

Welcome to 32 Esplanade South, a charming house located in the lovely location of George Town. This delightful property with water frontage offers a perfect blend of comfort and convenience, making it an ideal family home or a smart investment opportunity. Featuring three bedrooms (main with ...

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House

TAS 7253


26 Wellington St, George Town

$599,000

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For Sale Now

Welcome to 26 Wellington Street, George Town - a remarkable investment opportunity featuring a spacious block of units (3 x 2 bedroom units) and a 3 bedroom house. This property boasts a generous land area of 750 sqm (approx.) and a substantial building area of 389 sqm (approx.) , making it an ...

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TAS 7253


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