With a capital gain of 5.05% for the last 12 months, Georgetown, 2298 has performed for property investments than its average annual 5.21% property growth over the last 5 years.
Georgetown,2298 was ranked 2329 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Georgetown are currently offering property investors an average price cut of -2.48% below the asking price at the moment.
Advertised rents are around the $450 mark per week – giving a return of 4.37% based on the median price in Suburb
Georgetown, 2298 ranked 568th in NSW when comparing growth in median property values or capital gain over the last 12 months. Georgetown is one of 3163 in our list for NSW
Property investors should expect to get $325 weekly from the median priced house in this suburb.