George Town, 7253 ranked 111th in TAS when comparing growth in median property values or capital gain over the last 12 months. George Town is one of 606 in our list for TAS
While George Town,7253 ranked number 125th in TAS for increase in median house value (annualised) increase, it is ranked 127th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in George Town itself are offering an average vendor discount of -3.62% to real estate investors.
At number 1583 in a list of fastest selling suburbs, George Town is just in the top half of suburbs in Australia with an average of days on market 69.9859 for properties listed there.
Renters in Suburb are facing rents around $13520 per annum or $260 every week.
TAS has seen average median house prices change by 6.31% which means that George Town, 7253 has done well for property investors by showing a capital gain of 22.93% over the last year
Advertised rents are around the $190 mark per week – giving a return of 3.92% based on the median price in Suburb