Suburb Profile Report for Georges Hall NSW (2198)

Georges Hall House: Median price $880,000, Annual capital growth 7.41%, Number of sales 121, Weekly median advertised rent $540

Georges Hall Unit: Median price $590,000, Annual capital growth 5.90%, Number of sales 14, Weekly median advertised rent $450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Georges Hall, 2198 ranked 548th in NSW when comparing growth in median property values or capital gain over the last 12 months. Georges Hall is one of 3162 in our list for NSW

Georges Hall,2198 has offered an average of 9.90% return per annum in house price rises to property investors over the last three years.

At number 432th of NSW’s most discounted properties, Georges Hall is in the bottom 40% of the state/territory when listing in order of most discounted to least.

The NSW suburb of Georges Hall, 2198 is in the Bankstown local government area.

If you compare the increase in value of investment property in Georges Hall, 2198 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -0.42%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Georges Hall has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Georges Hall, 2198. Typically our figures indicate that -4.58% is being offered, which puts this NSW suburb at 882th most discounted overall in Australia.

Situated 20.79km from the CBD, Georges Hall is one of Bankstown localities in the postcode 2198.

HOUSE UNIT
$880,000 $590,000
0.46% -2.07%
9.90% -0.42%
7.41% 5.90%
$540 $450
121 14
3.19% 3.97%
81.38 37.46

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8669
Median household income ($/weekly) 1325
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1196 13.8
    25-34 years 1091 12.6
    35-44 years 1226 14.1
    45-54 years 941 10.9
    55-64 years 1034 11.9
    Others 3181 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 3625 58.6
    Not Married 2368 38.3
    Defacto Relationship 189 3.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5598 68.3
    Japan 200 2.4
    Malaysia 438 5.3
    Viet Nam 345 4.2
    Other 464 5.7
    Others 1150 14.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 381 4.8
    Christianity 5941 75.2
    Hinduism 36 0.5
    Islam 1005 12.7
    No Religion 493 6.2
    Others 40 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 231 10.1
    $600-$799 211 9.2
    $1,000-$1,249 206 9.0
    $1,500-$1,999 304 13.3
    $2,000-$2,499 258 11.3
    Others 1080 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2684 41.2
    Employed, worked full-time 2358 36.2
    Employed, worked part-time 1012 15.5
    Employed, away from work 251 3.9
    Unemployed, looking for work 209 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 395 10.9
    Professionals 643 17.8
    Technicians & trades workers 545 15.1
    Clerical & administrative workers 714 19.7
    Sales 382 10.5
    Others 942 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 174 8.7
    Infants/Primary 786 39.2
    Secondary 569 28.4
    Technical or Further Educational Institution 148 7.4
    University or other Tertiary Institutions 296 14.8
    Others 33 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7005 87.1
    Semi-detached, row or terrace house, townhouse 1007 12.5
    Flat, unit or apartment 19 0.2
    House or flat attached to a shop, office 14 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1186 46.8
    Being purchased 953 37.6
    Rented 382 15.1
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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