Why George Town
Thin market · ~5k residents7.6%/yr capital growth, 2.7% gross yield.
Drivers
- Capital growth7.6%/yr
Risks
- Only 4,536 residents — illiquid, slow to sell
- No major construction project in this state
Construction ·UTAS Launceston Inveresk Campus43.4 kmRecently completed · 2024