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    Real Estate Market: Is George Town TAS 7253 a Good Suburb to Buy Into?

    Housing Market in George Town
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Launceston and North East Tas Trend
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    $422 Bottom 5% 163% to Mar 2025
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    Housing Supply in George Town
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
    George Town
    42.0%
    George Town
    42.0%
    Launceston and North East Tas
    37.5%
    Launceston and North East Tas
    37.5%
    Field Value VS Launceston and North East Tas Trend
    0 Bottom 38% Data for Jun 2025
    0.1 Bottom 22% Data for Jul 2023
    11.3 Top 25% Data for May 2023
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    30 Top 5% 400% to Feb 2025
    Housing Stock Quality in George Town
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
    Field Value VS Launceston and North East Tas Trend
    87.3% Bottom 18% 1% to Jan 2021
    2.2 Bottom 26% 8% to Jan 2021
    0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in George Town
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
    George Town
    25.6%
    George Town
    25.6%
    Launceston and North East Tas
    28.0%
    Launceston and North East Tas
    28.0%
    Field Value VS Launceston and North East Tas Trend
    65.0 sq km Top 18% Data for Jan 2021
    1240 sqm per resident Bottom 48% Data for Jan 2021
    Risk in George Town
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
    George Town
    36.5
    George Town
    36.5
    Launceston and North East Tas
    39.4
    Launceston and North East Tas
    39.4
    Field Value VS Launceston and North East Tas Trend
    81.6% Bottom 19% 3% to May 2023
    18.4% Top 19% 17% to May 2023
    28 Bottom 34% Data for Jun 2023
    $1,130 Bottom 13% 25% to May 2023
    80 Top 42% Data for Jun 2023
    77 Top 40% Data for Jun 2023
    23.3% Top 44% 16% to Jan 2021
    31.2% Bottom 28% 26% to May 2023
    Housing Demand in George Town
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
    George Town
    33.2%
    George Town
    33.2%
    Launceston and North East Tas
    54.8%
    Launceston and North East Tas
    54.8%
    Field Value VS Launceston and North East Tas Trend
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    41100 Bottom 26% 12% to Dec 2023
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    7100 Bottom 37% 8% to Dec 2030
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    Unit Market in George Town
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Launceston and North East Tas Trend
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    $347 Bottom 9% 122% to Feb 2025
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    115.0% Top 9% 70% to Feb 2025
    LGA Details (1)
    Median House Rental Prices by Street (18)
    Accommodation Options (17)
    Realtors (2)
    Percent of Renters by Street (97)
    Median Unit Sale Prices by Street (100)
    Turnover Rate by Street (89)
    Planning Applications: Dwellings (1)
    Recently Sold Houses (100)
    Median House Sale Prices by Street (100)
    Businesses (28)
    Recent Rental Unit Listings (100)
    Recent Rental House Listings (100)
    Recently Sold Units (100)
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