Property value increases in Georgetown have tracked close to the NSW average of 8.99% over the last 12 months.
Over the longer term, Georgetown has seen property prices show investors a 18.45% return over the last 3 years. This is worse than over the last 12 months
At number 1172th of NSW’s most discounted properties, Georgetown is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 5.19%, investors should hope to achieve an overall return of 4.30%
Vendor discounting in Georgetown is giving property investors an average Vendor Discount of around -5.30%. This puts suburb at number 116th in NSW when ranking the most discounted suburbs.
In the last year 14 properties changed hands in Georgetown, which puts it as the 501th most active market in NSW when comparing the number of sales per suburb.