If you compare the increase in value of investment property in Georges Hall, 2198 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.68%.
Georges Hall,2198 was ranked 1770 in Australia by increase in median property value over the quarter.
The most recent median price for Georges Hall is $895000, with sellers offering an average of -6.77% off the asking price.
In the last year 123 properties changed hands in Georges Hall, which puts it as the 190th most active market in NSW when comparing the number of sales per suburb.
Property investors who have had real estate in Georges Hall, 2198 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.18%
While Georges Hall,2198 ranked number 460th in NSW for increase in median house value (annualised) increase, it is ranked 165th over the last 5 years.
Georges Hall2198 is located in NSW which offers an average discount of -4.41% to property investors. Georges Hall itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Georges Hall being $600000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 4.25%