George Town · Statistical Area 2 (SA2)

Housing & Dwellings in George Town

Where and how people live — the homes, how they are held, and what they cost.

Typical monthly mortgage payments fell by $117 between 2011 and 2021 in George Town, where housing costs are now far below the national average. This is an affordable area where nearly 90% of homes are separate houses and many residents own their homes outright.

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📍 George Town, Statistical Area 2 (SA2)

Where George Town sits — Median rent (weekly)

$220 ▲ +29.4%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is George Town — lower than 90% of areas.

Median rent (weekly) compared with the state and national average
George Town$220
7252, TAS $290
Tasmania $290
Australia $375

Housing costs

Rents, mortgages and crowding.

Rent is much lower than most areas at a typical $220 per week, which is well below the Tasmanian figure of $290. Typical monthly mortgage payments are also low at $1,083, a figure far below the Australian average of $1,863.

$220 ▲ +29.4%

Lower than 90% of statistical area 2 (sa2) areas.

  • 2011: $170
  • 2016: $180
  • 2021: $220

Median weekly rent paid by households renting their home.

$1,083 ▼ -9.8%

Lower than 93% of statistical area 2 (sa2) areas.

  • 2011: $1,200
  • 2016: $1,083
  • 2021: $1,083

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In George Town, $200–$349 is the majority at 57%; Under $200 is next at 37%.

Monthly mortgage distribution

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George Town splits fairly evenly between Under $1,000 (44%) and $1,000–$1,799 (40%), with $1,800–$2,999 at 13%.

Owning & renting

How homes are owned or rented.

Owning a home outright is much more common here than in most areas, with 41.5% of residents doing so. This is well above the state average and has risen by 5.5 percentage points since 2011.

27.1% ▼ -11.7%

Higher than 50% of statistical area 2 (sa2) areas.

  • 2011: 30.7%
  • 2016: 30.2%
  • 2021: 27.1%

Share of occupied private dwellings that are rented.

41.5% ▲ +15.2%

Higher than 79% of statistical area 2 (sa2) areas.

  • 2011: 36.0%
  • 2016: 37.4%
  • 2021: 41.5%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In George Town, the largest group is Owned outright at 41%, followed by Owned with a mortgage (27%) and Rented (27%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 89.7% of the local market, a figure far above the national average. Most homes are large, with 77.6% having three or more bedrooms, although the number of people per bedroom has fallen to 0.70 since 2011.

0.70 ▼ -36.4%

Lower than 99% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

89.7% ▼ -1.4%

Higher than 64% of statistical area 2 (sa2) areas.

  • 2011: 91.0%
  • 2016: 91.4%
  • 2021: 89.7%

Share of occupied private dwellings that are separate houses.

77.6% ▼ -1.4%

Lower than 55% of statistical area 2 (sa2) areas.

  • 2011: 78.7%
  • 2016: 78.8%
  • 2021: 77.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In George Town, Separate house is the majority at 90%; Townhouse / semi-detached is next at 9%.

Bedrooms per home

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In George Town, 3 bedrooms is the majority at 59%; 4 bedrooms is next at 17%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for George Town

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in George Town [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/602031059/george-town/topic/housing-dwellings