GEORGE TOWN 7253
State: TASPosiProp AI Investment Summary
GEORGE TOWN (TAS 7253) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.1% and has experienced a 12-month capital growth of Up 29.6%, with a median house buy price of $465,100. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$445,000
$455,000
$578,000
$465,100
Suburb Market Profile
Last month George Town had 27 properties available for rent and 30 properties for sale. Median property prices over the last year range from $465,100 for houses to $435,000 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 5.1% and units rent for $313 PW with a rental yield of 4.0%. George Town has seen an annual compound growth rate of 29.6% for houses and -2.8% for units.