Suburb Profile Report for Georges Hall NSW (2198)

Georges Hall House: Median price $900,000, Annual capital growth 7.90%, Number of sales 117, Weekly median advertised rent $550

Georges Hall Unit: Median price $600,000, Annual capital growth 5.39%, Number of sales 17, Weekly median advertised rent $490

  • 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 4.05% for the last year, Georges Hall, 2198 is the 2196th highest performer in Australia in this respect.

While Georges Hall,2198 ranked number 956th in NSW for increase in median house value (annualised) increase, it is ranked 399th over the last 5 years.

Vendor discounting in Georges Hall is giving property investors an average Vendor Discount of around -5.98%. This puts suburb at number 416th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $550 mark per week – giving a return of 3.18% based on the median price in Suburb

Over the last year, property investments in Georges Hall, 2198 have given investors a capital gain of 3.81%. This compares averagely with the 5.88% for NSW as a whole.

The five-year average increase in median property values for Georges Hall,2198 has given property investors a potential capital gain of 51.98% across each of those five years.

At number 85th of NSW’s most discounted properties, Georges Hall is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Situated 20.76km from the CBD, Georges Hall is one of Bankstown localities in the postcode 2198.

Metrics i HOUSE UNIT
$900,000 $600,000
0.56% -3.23%
4.05% 3.81%
7.90% 5.39%
$550 $490
117 17
3.18% 4.25%
98.31 38.35

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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