George Town
Suburb profile, market snapshot and recent listings for George Town, TAS 7253.
About George Town
Welcome to George Town
George Town sits on the eastern bank of the Tamar River, about 50 kilometres north of Launceston, close to where the river meets Bass Strait. It's one of Australia's oldest towns, with a history stretching back to the earliest days of European settlement in Tasmania, and that heritage is still visible in its streetscape and public buildings today.
These days George Town is a quiet, affordable riverside community that suits families, retirees and anyone drawn to a slower pace without giving up easy access to a regional centre. With neighbouring Low Head, Clarence Point and Kelso nearby, the wider area offers a mix of coastal outlooks, river frontage and everyday convenience, all within a relatively compact footprint.
Lifestyle & dining
Life in George Town moves at a relaxed pace, built around the river, the working port and a close-knit community feel. The main street covers everyday needs with cafes, takeaway options and a handful of local eateries, while the short drive out to Low Head adds a favourite for weekend outings, with its lighthouse, beaches and pilot station giving the area a genuine coastal escape feel without leaving the local area.
Shopping
George Town has a functional town centre with a supermarket, pharmacy, banks and a range of small retailers covering day-to-day essentials, so most routine shopping can be done without leaving town. For bigger-ticket or specialty shopping, Launceston is about 50 kilometres away and provides the full range of major retailers, shopping centres and department stores.
Getting around
The Tamar Highway is the main link connecting George Town to Launceston, making the CBD a manageable commute for those willing to trade travel time for lifestyle and affordability. Locally, the town is easy to navigate on foot or by car, and George Town also serves as a base for accessing the Bell Bay port precinct, a significant local employer, as well as nearby Low Head and Clarence Point.
Schools & families
Families in George Town are well served by local education options including South George Town Primary School and Port Dalrymple School, alongside Star of the Sea Catholic College and the Indie School's George Town campus for alternative and senior schooling pathways. Having this range of options within the town itself is a drawcard for families who want to avoid a daily school commute.
Parks & recreation
The Tamar River and surrounding foreshore areas are central to recreation in George Town, offering fishing, boating and walking with water views close at hand. The nearby Low Head Conservation Area and its coastline add bushwalking trails, beaches and wildlife-watching opportunities, giving residents a genuine mix of river and ocean-based outdoor pursuits within a short drive.
The property market
George Town remains one of the more affordable pockets of the Tamar region, with a median house price of $468,000 and units tracking closely at $475,000. Median rent sits at $440 a week, and the suburb has seen strong recent momentum, with house prices up 33.7% over the recent growth period, reflecting increased buyer interest in the area's value proposition.
Current listings are dominated by houses (56%) and land (34%), with apartments and units making up 9% and townhouses just 1%, pointing to a market still largely built around standalone homes and vacant blocks rather than higher-density housing. With a population of 4,536 and a median age of 45, George Town's buyer and renter base tends to skew toward established households and downsizers rather than young singles or share-house renters.
Market snapshot
George Town property market
Median sale price
$468k
House · 3 bed
Median rent
$440
per week
Gross rental yield
4.9%
annual rent ÷ sale price
Typical price range
Entry
$349k
Median
$468k
Premium
$622k
Days on market
26
Auction clearance
0%
Sold this year
91
Median sold price trend · House 3 bed
Compound growth +7.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in George Town by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for George Town, TAS 7253.
Population
4,536
residents (2021)
Median age
45
years
Household income
$901
median, per week
Median rent
$220
per week
Median mortgage
$913
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in George Town
Government school catchment
Independent & Catholic schools
Indie School - Devonport (George Town Campus)
Recent results
Recently sold in George Town
$599k
26 Wellington Street
Sold ~July 2026
$439k
26 Gordon Square
Sold ~July 2026
$549k
2/50 Anne Street
Sold ~July 2026
$225k
10 Lloyd Way
Sold ~July 2026
$485k
15-17 Wellington Street
Sold ~July 2026
$470k
3/39 Adelaide Street
Sold ~July 2026
$491k
14 Cimitiere Street
Sold ~July 2026
$540k
7 Targett Avenue
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in George Town
Compare the area
Price map around George Town
Every listing for sale near George Town, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
George Town suburb FAQ
What is the median property price in George Town?
The median house price in George Town, TAS is $468k for a 3-bedroom home. Over the past year, median sold prices have risen about 33.7%.
How much is rent in George Town?
The median weekly rent in George Town is around $440 per week.
Is George Town a good place to live?
George Town is a large town in north-east Tasmania, on the eastern bank of the mouth of the Tamar River. George Town is an established residential suburb in TAS, with a population of around 4,536 and 4 schools in the area.
What is the population of George Town?
George Town has a population of 4,536 (ABS 2021 Census), with a median age of 45.
What schools are in George Town?
There are 4 schools in or near George Town, including Port Dalrymple School, Star of the Sea Catholic College and South George Town Primary School.
How long do homes take to sell in George Town?
Properties in George Town take around 26 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in George Town?
Entry-level properties in George Town start around $349k, while premium homes reach $622k.
What suburbs are near George Town?
Suburbs near George Town include Town, Clarence Point, Kelso and Low Head.
Fresh to market
New this week in George Town
Tamar River waterfront position, panoramic views, renovated interiors, flexible family living, separate granny flat
Well-Maintained Investment Opportunity with Long-Term Tenant
Available now