At number 1085th in the list of Australian suburbs ordered by increase in median house value over the last year, Georgetown, 2298 is in the top 30% with a property value increase of 13.85% recorded in median house prices.
Georgetown,2298 has offered an average of 13.85% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Georgetown are currently offering property investors an average price cut of -3.49% below the asking price at the moment.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
Georgetown is 427th on a list of best yielding suburbs for rents in NSW with a 3.85% return
Over the last year, property investments in Georgetown, 2298 have given investors a capital gain of -12.20%. This compares very badly with the 8.39% for NSW as a whole.
If we look at median property appreciation over just the last three months, Georgetown has given property investors a paper return of -8.86%. This puts Suburb as 541 on a list of fastest fasting appreciating suburbs in NSW