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

GEORGE TOWN in TAS currently features property rental yields up to 5.1% with a 12-month capital growth value of Up 29.6%. 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 $465,100 based on the latest tracked market indices.

Investment Spotlight • Australia

GEORGE TOWN 7253

State: TAS

Updated: 2 July 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 5.1% 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.

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% 4.6% Yield

3 house • buy

$455,000

Up 30.0% 5.2% Yield

4 house • buy

$578,000

Up 20.4% 4.6% Yield

all house • buy

$465,100

Up 29.6% 5.1% Yield

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.

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