George Town Suburb Profile
Tasmania 7253

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

George Town has 2,649 properties. Over the last 5 years, Houses in George Town have seen a 84.21% increase in median value, while Units have seen a 88.96% increase. As at 31 August 2024:

  • The median value for Houses in George Town is $372,023 while the median value for Units is $380,543.
  • Houses have a median rent of $380 while Units have a median rent of $270.
There are currently 56 properties listed for sale, and 9 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in George town.

The size of George Town is approximately 104.8 square kilometres. It has 26 parks covering nearly 26.7% of total area. The population of George Town in 2011 was 4,303 people. By 2016 the population was 4,338 showing a population growth of 0.8% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation. In 2011, 57.8% of the homes in George Town were owner-occupied compared with 59.2% in 2016.

Suburb Insights for GEORGE TOWN 7253

Market Insights
George Town Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
George Town Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 4,338

0-9

 

13%

10-19

 

13%

20-29

 

11%

30-39

 

10%

40-49

 

12%

50-59

 

14%

60-69

 

15%

70-79

 

9%

80-89

 

4%

Household Structure
Occupancy

Last Updated: 16/09/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.