Giving property investors a a stable capital gain of 8.16% for the last year, Georgetown, 2298 is the 1398th highest performer in Australia in this respect.
Across a shorter period, Georgetown, 2298 has seen a median price increase of -2.75% over the last quarter.
Georgetown2298 is located in NSW which offers an average discount of -5.49% to property investors. Georgetown itself is showing figures that indicate -2.72% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $435 mark per week – giving a return of 4.27% based on the median price in Suburb
At number 1704th in the list of Australian suburbs ordered by increase in median house value over the last year, Georgetown, 2298 is in the BOTTOM 10% with a property value increase of -23.53% recorded in median house prices.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Georgetown itself are offering an average vendor discount of -4.92% to real estate investors.