Suburb Profile Report for Georges Hall NSW (2198)

Georges Hall House: Median price $920,000, Annual capital growth 8.41%, Number of sales 119, Weekly median advertised rent $580

Georges Hall Unit: Median price $622,500, Annual capital growth 4.77%, Number of sales 28, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Georges Hall have tracked just lower than the NSW average of 8.12% over the last 12 months.

Across a shorter period, Georges Hall, 2198 has seen a median price increase of -0.54% over the last quarter.

Property buyers and investors in Georges Hall 2198 should be seeing an average reduction in asking price of around -7.96% . This means that Georges Hall is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Georges Hall being $920000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.28%

At number 1022th in the list of Australian suburbs ordered by increase in median house value over the last year, Georges Hall, 2198 is in the BOTTOM 50% with a property value increase of 1.63% recorded in median house prices.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$920,000 $622,500
-0.54% -0.40%
2.22% 1.63%
8.41% 4.77%
$580 $500
119 28
3.28% 4.18%
72.82 N/A

Source: CoreLogic

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