George Town has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 9.72% to date .
The five-year average increase in median property values for George Town,7253 has given property investors a potential capital gain of 29.45% across each of those five years.
Vendor discounting in George Town is giving property investors an average Vendor Discount of around -3.95%. This puts suburb at number 87th in TAS when ranking the most discounted suburbs.
In the last year 100 properties changed hands in George Town, which puts it as the 15th most active market in TAS when comparing the number of sales per suburb.
The TAS suburb of George Town, 7253 is in the George Town (M) local government area.
With a capital gain of 38.39% for the last 12 months, George Town, 7253 has performed for property investments than its average annual 25.66% property growth over the last 5 years.
George Town is 54th on a list of best yielding suburbs for rents in TAS with a 4.29% return