Georgetown has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 17.18% to date .
Over the longer term, Georgetown has seen property prices show investors a 25.94% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Georgetown should be aiming for at least -2.81% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
Advertised rents are around the $320 mark per week – giving a return of 4.16% based on the median price in Suburb