Georgetown (NSW)

Georgetown has seen population growth performance typically on par with national averages when looking at short and medium term trends

The estimated population of the Georgetown (NSW) statistical area (Lv2), as of November 2025, is around 2,065 people. This figure reflects a decrease from the 2,072 people recorded in the 2021 Census, representing a drop of 7 individuals or approximately 0.3%. AreaSearch's estimation of the resident population as of June 2024 was 2,044, with an additional 29 validated new addresses since the Census date contributing to this change. This results in a population density ratio of 3,754 persons per square kilometer for the area, placing it in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration was the primary driver behind recent population growth in the Georgetown (NSW) (SA2).

AreaSearch is using ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections for areas not covered by this data, which were released in 2022 with a base year of 2021. Applying growth rates by age group from these aggregations to all areas, the Georgetown (NSW) (SA2) is projected to experience an above median population growth for Australian non-metropolitan areas between now and 2041. By this year, the area's population is expected to increase by 334 persons, representing a total gain of 18.1% over the 17-year period.

Residential development activity is lower than average in Georgetown according to AreaSearch's national comparison of local real estate markets

Georgetown has seen approximately 6 new homes approved annually. Between financial years FY21 and FY25, around 30 homes were approved, with an additional 1 home approved in FY26 so far. On average, about 1.9 people moved to the area for each dwelling built over these five years. However, this figure decreased to 0.8 people per dwelling over the past two financial years.

New homes are being constructed at an average expected cost of $510,000, indicating a focus on premium properties. In FY26, commercial development approvals totaled $241,000, suggesting minimal commercial development activity. Compared to Rest of NSW, Georgetown has roughly half the rate of new dwelling approvals per person and ranks in the 48th percentile nationally for buyer options. This suggests limited housing choices while demand for established homes strengthens. New building activity consists of 33.0% standalone homes and 67.0% townhouses or apartments, a significant shift from the current housing mix of 86.0% houses. Georgetown has around 350 people per dwelling approval, indicative of a developed market.

By 2041, it is projected to grow by 374 residents. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Georgetown has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects likely affecting this region: Former Waratah Gasworks Redevelopment and Waratah Park Masterplan. Other notable projects include Hunter Indoor Sports Centre and Hunter Net Zero Manufacturing Centre of Excellence, with the following projects being particularly relevant.

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Employment performance in Georgetown has been broadly consistent with national averages

Georgetown has a highly educated workforce with significant representation in essential services sectors. The unemployment rate as of September 2025 was 3.7%, with an estimated employment growth of 2.9% over the past year based on AreaSearch data aggregation.

There are currently 1,264 residents employed, with an unemployment rate aligned to Rest of NSW's 3.8%. Workforce participation is notably higher at 71.5% compared to Rest of NSW's 56.4%. Key industries employing Georgetown residents include health care & social assistance, education & training, and construction. The area specializes in health care & social assistance with an employment share 1.4 times the regional level, while agriculture, forestry & fishing shows lower representation at 0% compared to the regional average of 5.3%.

Limited local employment opportunities are indicated by Census data comparing working population to resident population. Over a 12-month period ending September 2025, employment increased by 2.9% and labour force increased by 3.5%, raising the unemployment rate by 0.5 percentage points. In contrast, Rest of NSW saw employment decline by 0.5% and labour force decline by 0.1%, with a 0.4 percentage point rise in unemployment. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. National forecasts from Jobs and Skills Australia project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Georgetown's employment mix suggests local employment should increase by 7.1% over five years and 14.8% over ten years, though these are simple extrapolations for illustrative purposes and do not account for localized population projections.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Georgetown suburb's income level is above national average, per latest ATO data aggregated by AreaSearch for financial year 2023. Median income among taxpayers is $61,717, average is $74,134. This compares to Rest of NSW's figures of $52,390 and $65,215 respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates are approximately $67,185 (median) and $80,702 (average) as of September 2025. From the 2021 Census, incomes in Georgetown cluster around the 68th percentile nationally. Predominant income cohort spans 36.5% of locals (753 people) in the $1,500 - 2,999 category, mirroring broader area's 29.9%. High housing costs consume 16.2% of income. Strong earnings place disposable income at 65th percentile. Area's SEIFA income ranking places it in 6th decile.

Georgetown is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Georgetown's dwelling structures, as per the latest Census, were 85.5% houses and 14.5% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro NSW had 70.5% houses and 29.5% other dwellings. Home ownership in Georgetown was at 27.0%, with the rest being mortgaged (42.6%) or rented (30.4%). The median monthly mortgage repayment was $2,000, higher than Non-Metro NSW's average of $1,962. The median weekly rent in Georgetown was $423, compared to Non-Metro NSW's $400. Nationally, Georgetown's mortgage repayments were above the Australian average of $1,863, and rents were substantially higher than the national figure of $375.

Georgetown features high concentrations of group households, with a lower-than-average median household size

Family households constitute 68.0% of all households, including 26.7% couples with children, 28.9% couples without children, and 11.1% single parent families. Non-family households comprise the remaining 32.0%, with lone person households at 25.9% and group households making up 6.4%. The median household size is 2.3 people, which is smaller than the Rest of NSW average of 2.4.

Georgetown shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Georgetown's residents aged 15 and above have a higher educational attainment than broader benchmarks. 32.7% hold university qualifications, compared to 21.3% in the Rest of NSW and 26.1% in the SA4 region. Bachelor degrees are most common at 24.6%, followed by postgraduate qualifications (5.6%) and graduate diplomas (2.5%). Vocational credentials are also prevalent, with 34.6% of residents holding them - advanced diplomas account for 9.2% and certificates for 25.4%.

Educational participation is high, with 27.8% currently enrolled in formal education. This includes 7.7% in primary education, 7.6% in tertiary education, and 5.5% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis indicates 14 active public transport stops in Georgetown. These stops serve a mix of bus routes, totalling 22 individual routes. Collectively, these routes facilitate 691 weekly passenger trips.

Residents enjoy excellent transport accessibility, with an average distance of 138 meters to the nearest stop. Service frequency averages 98 trips per day across all routes, equating to approximately 49 weekly trips per stop.

Georgetown's residents are relatively healthy in comparison to broader Australia with the level of common health conditions among the general population somewhat typical, though higher than the nation's average among older cohorts

Georgetown's health metrics are close to national benchmarks, with common health conditions among its general population being somewhat typical but higher than the national average among older cohorts.

Approximately 56% (~1,160 people) of Georgetown's total population has private health cover, which is very high compared to other areas. The most common medical conditions in the area are mental health issues and asthma, affecting 12.6 and 8.7% of residents respectively. Meanwhile, 66.3% of residents declare themselves completely clear of medical ailments, compared to 64.9% across Rest of NSW. Georgetown has 9.9% (204 people) of its residents aged 65 and over, which is lower than the 16.7% in Rest of NSW. However, health outcomes among seniors require more attention than those for the broader population.

Georgetown is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Georgetown's cultural diversity was found to be below average, with 89.8% of its population born in Australia, 92.9% being citizens, and 93.4% speaking English only at home. Christianity is the main religion in Georgetown, comprising 45.9% of the population. The most notable overrepresentation was in Other religions, which makes up 0.7% of the population compared to 0.5% across Rest of NSW.

In terms of ancestry, the top three groups represented in Georgetown are English (31.2%), Australian (27.6%), and Irish (10.4%). There are also notable divergences in the representation of certain ethnic groups: Welsh is overrepresented at 0.9%, Macedonian at 0.7%, and Polish at 0.9%.

Georgetown's population is slightly younger than the national pattern

Georgetown's median age is 35 years, which is significantly lower than the Rest of NSW average of 43 years and somewhat younger than the Australian median of 38 years. The 25-34 cohort is notably over-represented in Georgetown at 21.7%, compared to the Rest of NSW average, while the 65-74 year-olds are under-represented at 6.6%. This concentration of residents aged 25-34 is well above the national average of 14.5%. Following the Census conducted on 28 August 2021, younger residents have shifted the median age down by 1.4 years to 35 years. Specifically, the percentage of residents aged 25 to 34 has grown from 18.0% to 21.7%, while those aged 35 to 44 increased from 14.6% to 16.2%. Conversely, the percentage of residents aged 45 to 54 has declined from 13.4% to 11.5%, and the 5-14 age group has dropped from 10.1% to 8.5%. Demographic modeling indicates that Georgetown's age profile will evolve significantly by 2041. The 25-34 cohort is projected to grow strongly at a rate of 36%, adding 159 residents to reach a total of 608. Conversely, the 85+ and 15-24 cohorts are expected to experience population declines.