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 26.7%, with a median house buy price of $475,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$463,000
$465,000
$578,000
$475,000
Suburb Market Profile
Last month George Town had 22 properties available for rent and 30 properties for sale. Median property prices over the last year range from $475,000 for houses to $456,500 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 $320 PW with a rental yield of 4.2%. George Town has seen an annual compound growth rate of 26.7% for houses and 10.7% for units.
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