GEORGE TOWN
Investor score
60
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
3.1%
modelled estimate
Annual growth
2.3%
modelled estimate
Vacancy rate
1.8%
modelled estimate
AI insights for GEORGE TOWN
Investment analysis, risks & comparisons
GEORGE TOWN shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$220/wk
weekly
Demand change
+2.1%
annual shift
Yield × growth index
2.7
combined signal
Net yield (est.)
4.30%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+4.3%
est. compound, long-run avg
10-yr growth (CAGR)
+5.6%
est. compound, long-run avg
Rental demand
42 / 100
Moderate demand
Supply pipeline
Est.3.0%
new dwellings approved / stock · Modelled estimate
Moderate supply
5-year price history
No price history available.
Market overview
GEORGE TOWN is a TAS suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.
Highlights
- Rental yield 3.1% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$911/wk
$41k taxable p.a.
Renters
33.4%
63.0% owner-occupier
Median age
47.0 yrs
Unemployment
3.2%
Population growth
+0.3% p.a.
Investor-owned
9.0%
of all dwellings (ATO)
Houses
85%
9% apartments
Degree qualified
27.4%
bachelor's or higher (ABS)
Work from home
10.7%
of employed residents (ABS Census)
Median lot size
680 m²
Standard block
Household size
2.6 persons
avg per dwelling (ABS Census)
Short-term rental
1.8%
Mostly long-term tenants
Market activity
Distance to CBD
200.5 km
Regional
Days on market
76 days
Slower market
Auction clearance
31.5%
Buyer's market
Walkability
8 / 100
Car-dependent
Coastal proximity
77.3 km
Inland
NBN technology
Fixed WirelessRegional — wireless tower
Population density
1,198/km²
Suburban
Schools in postcode 7253
🏫Primary (1)
South George Town Primary School
Government · Yrs K-6
📚Combined (2)
Star of the Sea Catholic College
Catholic · Yrs Prep-10
Port Dalrymple School
Government · Yrs K-12
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
School quality
Below average3 schools in postcode area
Source: ACARA My School 2025
Transit access
GoodSource: State GTFS feeds
Gentrification signal
34
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in GEORGE TOWN
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