Georgetown, NSW 2298

Georgetown, NSW 2298

Compare Part of Newcastle

117.81 km
Distance from CBD
10 k
Population

Auction Times

Wed 13 Nov
 Auction Time Agency
11 Shelley Street
3 1 1 House
6:00 PM
Wed 13th Nov		 Salt Property Newcastle
Median Sale Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$356,000
 0.0% $245,000 $850,000 45
2010
$380,000
 +6.3% $157,500 $1,250,000 41
2011
$418,000
 +9.1% $170,000 $1,250,000 34
2012
$382,000
 -9.4% $200,000 $625,000 40
2013
$468,000
 +18.4% $230,000 $900,000 63
2014
$460,000
 -1.7% $333,000 $770,000 37
2015
$501,000
 +8.2% $335,000 $692,000 37
2016
$539,500
 +7.1% $380,000 $1,090,000 27
2017
$645,000
 +16.4% $451,000 $840,000 32
2018
$630,000
 -2.4% $510,000 $1,035,000 35
2019
$610,000
 -3.3% $403,000 $801,000 28
2020
$690,000
 +11.6% $550,000 $920,000 29
2021
$911,000
 +24.3% $725,000 $1,320,000 22
2022
$905,000
 -0.7% $490,000 $1,650,000 27
2023
$870,000
 -4.0% $670,000 $1,340,000 26
2024
$1,035,000
 +15.9% $815,000 $1,230,000 20
Median Sale Price
$910K
Based on 22 recorded sales within the last 12 months
Updated on 13 Nov 2024
Suburb Growth
+6.0%
Current Median Price: $910,000
Previous Median Price: $855,000
Based on 49 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$390
 0.0% $200 $570 10
2012
$430
 +9.3% $310 $550 12
2013
$400
 -7.5% $150 $520 35
2014
$410
 +2.4% $115 $550 31
2015
$400
 -2.5% $285 $700 41
2016
$430
 +7.0% $300 $590 41
2017
$450
 +4.4% $285 $600 48
2018
$450
 0.0% $360 $650 31
2019
$500
 +10.0% $300 $700 38
2020
$525
 +4.8% $250 $690 31
2021
$600
 +12.5% $200 $800 34
2022
$650
 +7.7% $250 $950 41
2023
$650
 0.0% $450 $890 28
2024
$660
 +1.5% $400 $925 28
Median Rent Price
$660
per week
Based on 33 recorded rent within the last 12 months
Updated on 13 Nov 2024
Rent Price Growth
+1.5%
Current Median Rent: $660
Previous Median Rent: $650
Based on 61 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $910,000
Current Median rent: $660
Based on 55 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)

Auction Results For Georgetown

Houses sold in Last 12 months ends 9 Nov 2024

$1.22M

Median Sale Price

84%

Clearance Rate

5/6

Sold/Reported

$1.44M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M
(Median Price Range)		 2
$1 M - $1.2 M 1
$800 K - $1 M 1

Schools closest to Georgetown, NSW 2298

School name Address Type Sector Distance
Callaghan College Waratah Technology Campus TURTON RDWaratah 2298 Secondary Government 0.25 km
Waratah Public School LAMBTON RDWaratah 2298 Primary Government 0.74 km
St Philip's Christian College 57 HIGH STREETWaratah 2298 Combined Independent 0.8 km
Hamilton North Public School JACKSON STBroadmeadow 2292 Primary Government 1.1 km
Hamilton Public School TUDOR STHamilton 2303 Primary Government 1.1 km
Corpus Christi Primary School PLATT STREETWaratah 2298 Primary Catholic 1.07 km
Lambton High School WOMBOIN & YOUNG RDSLambton 2299 Secondary Government 1.27 km
Islington Public School HUBBARD STIslington 2296 Primary Government 1.39 km
Hunter School of Performing Arts LAMBTON RDBroadmeadow 2292 Combined Government 1.73 km
Waratah West Public School LEONORA PDEWaratah West 2298 Primary Government 1.69 km