Suburb Profile Report for Georges Hall NSW (2198)

Georges Hall House: Median price $878,000, Annual capital growth 7.43%, Number of sales 117, Weekly median advertised rent $540

Georges Hall Unit: Median price $620,000, Annual capital growth 6.68%, Number of sales 16, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

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 6.42%.

Comparing Georges Hall,2198 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Georges Hall 2198 should be seeing an average reduction in asking price of around -6.47% . This means that Georges Hall is holding prices well when compared to other suburbs in NSW.

In the last year 117 properties changed hands in Georges Hall, which puts it as the 206th most active market in NSW when comparing the number of sales per suburb.

Georges Hall is an average performer in NSW when comparing median price capital growth over the last year. Georges Hall gave property investors a average capital gain figure when compared to the rest of the state, with 5.08%.

Comparing Georges Hall,2198 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Georges Hall2198 is located in NSW which offers an average discount of -4.48% to property investors. Georges Hall itself is showing figures that indicate -4.38% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

Situated 20.78km from the CBD, Georges Hall is one of Bankstown localities in the postcode 2198.

HOUSE UNIT
$878,000 $620,000
-0.23% 2.90%
6.42% 5.08%
7.43% 6.68%
$540 $480
117 16
3.20% 4.03%
95.74 35.06

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Georges Hall NSW
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
Chart Table
Recent sales & rentals