Is GEORGE TOWN a good suburb for positive geared property investment in Australia?

GEORGE TOWN in TAS currently features property rental yields up to 5.0% with a 12-month capital growth value of Up 27.0%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in GEORGE TOWN 7253?

The median house price in GEORGE TOWN 7253 is approximately $470,000 based on the latest tracked market indices.

Investment Spotlight • Australia

GEORGE TOWN 7253

State: TAS

Updated: 6 August 2026

PosiProp AI Investment Summary

GEORGE TOWN (TAS 7253) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.0% and has experienced a 12-month capital growth of Up 27.0%, with a median house buy price of $470,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$445,000

Up 11.3% 4.5% Yield

3 house • buy

$460,000

Up 29.6% 5.1% Yield

4 house • buy

$585,000

Up 36.1% 4.5% Yield

all house • buy

$470,000

Up 27.0% 5.0% Yield

Suburb Market Profile

Last month George Town had 22 properties available for rent and 26 properties for sale. Median property prices over the last year range from $470,000 for houses to $443,000 for units. If you are looking for an investment property, consider houses in George Town rent out for $450 PW with an annual rental yield of 5.0% and units rent for $313 PW with a rental yield of 4.0%. George Town has seen an annual compound growth rate of 27.0% for houses and 10.8% for units.

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