Unit 2, 171 FRANKLIN STREET George Town TAS 7253
This property is Off Market
- The Average property price in this area is $256,245, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 4.39 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About George Town
With an average age of 39, households expect an average monthly mortgage payment of $867 or a weekly rent payment of $190. The average family earns a weekly income of $1,062 with a typical household size of 2.1 and a 78.83% employment rate.
In George Town there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in George Town is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in George Town classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in George Town requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
General Points of Interest
George Town Golf Course
Joes
Penguins nests
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1072 asthma sufferers and 582 people living with diabetes. In addition, 448 people have a heart/vascular condition and 1058 people live with three or more chronic diseases.A good place to invest in property?
George Town a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
15 / 100
41 / 100
Industry
40 / 100
40 / 100
Population
42 / 100
40 / 100
House Prices
43 / 100
65 / 100
Jobs
41 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsPort Dalrymple School
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Port Dalrymple School
George Town, TAS, 7253 State K-12 -
South George Town Primary School
George Town, TAS, 7253 State K-6 -
Star of the Sea Catholic College
George Town, TAS, 7253 Independent Prep-10 -
Exeter High School
Exeter, TAS, 7275 State 7-10 -
Exeter Primary School
Exeter, TAS, 7275 State K-6 -
Port Sorell Primary School
Port Sorell, TAS, 7307 State K-6 -
Beaconsfield Primary School
Beaconsfield, TAS, 7270 State K-6
Property Story
Unit 2, 171 Franklin Street, George Town, Tas, 7253 is a residential property . The estimated distance to the sea is 4.39km and 0.53KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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