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Suburb Insights ยท NSW 2298

Georgetown 2298, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Georgetown is a regional centre in New South Wales, Australia, with a population of approximately 2,072, making it a boutique locality. Located approximately 117 km from the Sydney CBD, Georgetown is a regional area in New South Wales. The median household income is $104,260 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Strong household incomes in Georgetown underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Georgetown, New South Wales, Australia.

Key Indicators

Postcode
2298

Official Australia Post postcode for Georgetown. A postcode may cover multiple suburbs.

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Population
2,072

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$423/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$104,260/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
117 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
82% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Georgetown serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $423/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $104,260/year supports premium property values and indicates a well-employed resident base. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Georgetown could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Georgetown are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Georgetown face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Georgetown

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital growth in Georgetown may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Georgetown may face longer tenant search times; competitive pricing will be important. Georgetown offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Georgetown a good suburb for investment?

Georgetown is a regional area in New South Wales with a population of 2,072. The median rent is $423/week and the median household income is $104,260/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Georgetown?

Key demand drivers in Georgetown include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Georgetown?

According to the ABS 2021 Census, Georgetown has a population of approximately 2,072. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Georgetown from the Sydney CBD?

Georgetown is approximately 117 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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