Suburb Profile Report for Georges Hall NSW (2198)

Georges Hall House: Median price $921,000, Annual capital growth 8.41%, Number of sales 107, Weekly median advertised rent $565

Georges Hall Unit: Median price $600,000, Annual capital growth 5.74%, Number of sales 16, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 4.66% for the last year, Georges Hall, 2198 is the 2383th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Georges Hall has given property investors a paper return of 2.02%. This puts Suburb as 690 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Georges Hall should be aiming for at least -5.82% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $565 and the average annual increase in value of a median property of 8.41%, investors should hope to achieve an overall return of 3.19%

NSW has seen average median house prices change by 8.63% which means that Georges Hall, 2198 has done well for property investors by showing a capital gain of 1.69% over the last year

A 49.89% growth in median value for property investors in Georges Hall,2198 puts this suburb at number 530th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Georges Hall itself are offering an average vendor discount of -9.67% to real estate investors.

Residents and property investors in Georges Hall have been waiting around 47.38 days to sell a property.

Metrics i HOUSE UNIT
$921,000 $600,000
2.02% -6.25%
4.66% 1.69%
8.41% 5.74%
$565 $520
107 16
3.19% 4.51%
65.2 47.38

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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Recent sales & rentals