George Town · Suburb / Locality

Housing & Dwellings in George Town

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

Much lower living costs make George Town an affordable place to live compared to the rest of the country. The typical monthly mortgage payment is just $913, which is far below the national figure. This affordability is reflected across both buying and renting options in the area.

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📍 George Town, Suburb / Locality

Where George Town sits — Median rent (weekly)

$220 ▲ +29.4%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is George Town — lower than 69% of areas.

Median rent (weekly) compared with the state and national average
George Town$220
7253, TAS $220
Tasmania $290
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $220, which is well below the Tasmanian average and far below the national figure. Home loans are also much lower than most areas, with the typical monthly payment sitting at $913.

$220 ▲ +29.4%

Lower than 69% of suburb / locality areas.

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

Median weekly rent paid by households renting their home.

$913 ▼ -15.7%

Lower than 88% of suburb / locality areas.

  • 2011: $1,083
  • 2016: $932
  • 2021: $913

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 59%; Under $200 is next at 38%.

Monthly mortgage distribution

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In George Town, Under $1,000 is the majority at 55%; $1,000–$1,799 is next at 37%.

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, with 34.7% of households renting, which is well above the Tasmanian figure. Meanwhile, 38.3% of homes are owned outright, a rate well above the Australian average.

34.7% ▼ -9.6%

Higher than 85% of suburb / locality areas.

  • 2011: 38.4%
  • 2016: 37.7%
  • 2021: 34.7%

Share of occupied private dwellings that are rented.

38.3% ▲ +17.8%

Lower than 58% of suburb / locality areas.

  • 2011: 32.5%
  • 2016: 33.7%
  • 2021: 38.3%

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

How homes are owned or rented

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George Town splits fairly evenly between Owned outright (38%) and Rented (35%), with Owned with a mortgage at 24%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 86.8% of the area, which is far above the national figure. Most homes are spacious, with 79.5% having three or more bedrooms, though there are fewer people per bedroom than in most other areas.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

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

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

86.8% ▼ -2.1%

Lower than 73% of suburb / locality areas.

  • 2011: 88.6%
  • 2016: 90.2%
  • 2021: 86.8%

Share of occupied private dwellings that are separate houses.

79.5% ▼ -2.0%

Higher than 50% of suburb / locality areas.

  • 2011: 81.1%
  • 2016: 81.1%
  • 2021: 79.5%

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 87%; Townhouse / semi-detached is next at 11%.

Bedrooms per home

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In George Town, 3 bedrooms is the majority at 66%; 2 bedrooms is next at 15%.

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/sal/SAL60225/george-town/topic/housing-dwellings