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Sales Activity
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Population
Georgetown has seen population growth performance typically on par with national averages when looking at short and medium term trends
As of November 2025, the estimated population of the suburb of Georgetown (NSW) is around 2,081 people. This figure represents an increase of 9 individuals from the 2021 Census count of 2,072 people. The recent resident population estimate by AreaSearch was 2,061, based on examination of the latest ERP data release by the ABS in June 2024 and validation of 29 new addresses since the Census date. This results in a population density ratio of 3,783 persons per square kilometer, placing Georgetown among the top 10% of locations assessed by AreaSearch. Overseas migration was the primary driver of population growth in recent periods.
For projections, AreaSearch uses ABS/Geoscience Australia data for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a base year of 2021 are utilized. Growth rates by age group are applied to all areas for the years 2032 to 2041. Based on these projections, an above median population growth is expected in Australian non-metropolitan areas like Georgetown, with an anticipated expansion of 334 persons by 2041, reflecting a total gain of 17.2% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Georgetown, placing the area among the bottom 25% of areas assessed nationally
Georgetown has seen approximately 17 new homes approved annually based on AreaSearch analysis of ABS building approval numbers. Around 88 homes were approved over the past five financial years, from FY-21 to FY-25, with one more approved so far in FY-26. This results in an average of about 0.7 new residents per year per dwelling constructed during this period.
The average construction value for these properties is approximately $510,000. In the current financial year, there have been around $450,000 in commercial approvals, indicating limited commercial development activity compared to residential. Georgetown has 53.0% more construction activity per person relative to the Rest of NSW, offering ample buyer choice despite a recent easing in construction activity. New developments consist of 14.0% detached dwellings and 86.0% townhouses or apartments, marking a significant shift from the current housing pattern of 86.0% houses. This change suggests diminishing developable land availability and responds to evolving lifestyle preferences and housing affordability needs. With around 1051 people per dwelling approval, Georgetown reflects a highly mature market with a projected resident growth of 358 by 2041 based on the latest AreaSearch quarterly estimate.
Current development patterns suggest that new housing supply should readily meet demand, providing good conditions for buyers and potentially facilitating further population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Georgetown has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified two projects likely impacting the area: Former Waratah Gasworks Redevelopment and Waratah Park Masterplan. Other key projects include Hunter Indoor Sports Centre and Newcastle Future Transit Corridor, with the following list detailing those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Hunter Indoor Sports Centre
A new 12-court indoor sports facility with a 2,500-seat show court, multi-purpose courts for basketball, netball, volleyball, futsal, pickleball, badminton and wheelchair sports, plus gym, health suites, cafe and extensive car parking. The centre will replace the ageing Newcastle Basketball Stadium and address the critical shortage of indoor sports venues in the Hunter region.
Newcastle Future Transit Corridor
Transport for NSW has confirmed the **Newcastle Future Transit Corridor** route, which will run between the Newcastle Interchange and the Broadmeadow precinct, primarily along Tudor Street. This corridor is being safeguarded to enable **future transport options**, such as light rail or rapid buses, supporting urban growth and projected housing and employment at Broadmeadow. The initial route segment closest to the Newcastle Interchange has been earmarked as the **Newcastle Future Infrastructure Corridor** to implement planning controls for its protection. A 2020 Strategic Business Case identified an extension from Newcastle Interchange to John Hunter Hospital via Broadmeadow as the most suitable long-term option, but noted bus solutions could precede light rail due to economic feasibility and to build patronage.
Newcastle Future Transit Corridor
A protected public transport corridor from Newcastle Interchange (Wickham) to the Broadmeadow precinct via Tudor and Belford streets. The corridor safeguards future rapid bus or light rail options, enhances walking and cycling connections, and supports the planned growth of Broadmeadow (up to 20,000 new homes and 15,000 new jobs). As of December 2025 the corridor alignment has been finalised, rezoning is progressing to legally protect the land, and detailed design, mode selection and construction timing remain subject to future funding and government decisions. Community consultation continues.
Newcastle Port Logistics Hub
A major distribution hub on 14.3 hectares at 51-71 Industrial Drive, Mayfield, providing purpose-built facilities for logistics, manufacturing, and agribusiness with excellent transport links. Construction has started on the $130 million first stage of the $225 million project.
Mayfield Concept Plan
The Mayfield Concept Plan involves developing a 90-hectare port-side site for port-related activities, initially focusing on bulk liquids, with future opportunities for multi-purpose cargo facilities including a proposed $1.8 billion Multi-purpose Deepwater Terminal. Current operations include the Stolthaven Mayfield Terminal for bulk fuel storage, the Mayfield Cargo Storage Facility for various cargoes, and infrastructure upgrades such as the 2021-commissioned electrical substation. The plan aims to diversify the Hunter and NSW economies and improve supply chain efficiency. Adjacent state-owned Intertrade site is being developed by EnergyCo into a logistics precinct for renewable energy components storage and transport.
Hunter Park Precinct
$500 million mixed-use urban renewal project transforming 63 hectares around McDonald Jones Stadium into a sporting, entertainment, and lifestyle precinct. Includes 2,600 new homes, 50 hectares of public open space, state-of-the-art sporting facilities, entertainment venues, and 13,000sqm of commercial space.
Waratah Park Masterplan
A 10-year masterplan endorsed in April 2025 to maximize year-round use of sporting fields at Waratah Park. The plan includes upgraded field layouts for 5 rugby union/league grounds, 4 cricket ovals (3 turf and 1 synthetic), and 8 oztag fields. Proposed improvements feature upgraded LED floodlights, irrigation and drainage systems, a formalised car park with accessible spaces, upgraded amenities, a 3-metre wide shared pathway around the park, fitness stations, multi-sport court, and informal seating. Stage 1 works (pending budget adoption) include a new toilet near the playground, a half-court for batball and basketball, and upgraded LED lighting at Waratah Park No.1 Sportsground. The masterplan was developed with key sporting stakeholders including Rugby Union, Rugby League, Cricket, Oztag, and Callaghan College, with community consultation completed in September 2024.
Newcastle Inner City Bypass - Rankin Park to Jesmond
The 3.4 km Rankin Park to Jesmond section is the fifth and final stage of the Newcastle Inner City Bypass. It delivers a new four lane divided road with three interchanges (southern at Lookout Road, hospital, and northern at Newcastle Road), removes up to 30,000 vehicles per day from local roads, and provides off road links for pedestrians and cyclists including a new steel arch bridge at the northern interchange. Traffic switches at Jesmond (Dec 2024) and Lookout Rd/McCaffrey Dr (mid 2025) mark major milestones. Opening to traffic is targeted for late 2025, weather permitting.
Employment
AreaSearch assessment positions Georgetown ahead of most Australian regions for employment performance
Georgetown has a well-educated workforce with significant representation in essential services sectors. The unemployment rate was 3.3% as of the past year, with an estimated employment growth of 2.6%.
As of June 2025, 1,278 residents were employed, and the unemployment rate was 0.3% lower than Rest of NSW's rate of 3.7%. Workforce participation in Georgetown was 71.5%, compared to Rest of NSW's 56.4%. Employment is concentrated in health care & social assistance, education & training, and construction, with healthcare being particularly notable at 1.4 times the regional average. Agriculture, forestry & fishing has limited presence with 0.0% employment compared to 5.3% regionally.
The area offers limited local employment opportunities as indicated by Census data. Over a 12-month period ending Sep-22, employment increased by 2.6%, labour force grew by 2.7%, and unemployment rose by 0.1 percentage points in Georgetown. In contrast, Rest of NSW saw employment contract by 0.1%, labour force grow by 0.3%, and unemployment rise by 0.4 percentage points. National employment forecasts from Sep-22 project a 6.6% increase 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, based on simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Georgetown's median income among taxpayers was $61,717 in financial year 2022. The average income stood at $74,134 during the same period. This compares to figures for Rest of NSW which were $49,459 and $62,998 respectively. Based on a Wage Price Index growth rate of 12.61% since financial year 2022, current estimates suggest approximately $69,500 as the median income and $83,482 as the average income by September 2025. According to census data, household, family, and personal incomes in Georgetown cluster around the 68th percentile nationally. Income brackets indicate that the largest segment comprises 759 residents earning between $1,500 and $2,999 weekly, which is consistent with broader trends across the broader area where 29.9% fall into this category. High housing costs consume 16.2% of income in Georgetown. Despite this, strong earnings place disposable income at the 65th percentile nationally. The area's SEIFA income ranking places it in the 6th decile.
Frequently Asked Questions - Income
Housing
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, consisted of 85.5% houses and 14.5% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Non-Metro NSW's 70.5% houses and 29.5% other dwellings. Home ownership in Georgetown stood at 27.0%, with mortgaged dwellings at 42.6% and rented ones at 30.4%. The median monthly mortgage repayment was $2,000, above Non-Metro NSW's average of $1,962. The median weekly rent figure in Georgetown was $423, compared to Non-Metro NSW's $400. Nationally, Georgetown's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
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 account for the remaining 32.0%, with lone person households at 25.9% and group households comprising 6.4%. The median household size is 2.3 people, smaller than the Rest of NSW average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Georgetown shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Georgetown's educational attainment is notably higher than broader benchmarks. 32.7% of residents aged 15+ have university qualifications, compared to 21.3% in the Rest of NSW and 26.1% in the SA4 region. Bachelor degrees are most prevalent at 24.6%, followed by postgraduate qualifications (5.6%) and graduate diplomas (2.5%). Vocational credentials are also prominent, with 34.6% of residents aged 15+ holding such qualifications – advanced diplomas at 9.2% and certificates at 25.4%.
Educational participation is high, with 27.8% of residents currently enrolled in formal education, including 7.7% in primary, 7.6% in tertiary, and 5.5% in secondary education. Educational facilities appear to be located outside immediate catchment boundaries, requiring families to access schools in neighboring areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Georgetown's public transport analysis shows nine active stops currently operating. These stops serve a mix of bus routes, totaling 21 individual routes. Together, these routes facilitate 659 weekly passenger trips.
Transport accessibility is rated excellent, with residents typically located 149 meters from the nearest stop. The average service frequency across all routes is 94 trips per day, equating to approximately 73 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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% (~1,169 people) of the total population have private health cover, which is very high. The most common medical conditions in the area were mental health issues and asthma, affecting 12.6 and 8.7% of residents respectively. A total of 66.3% of residents declared themselves completely clear of medical ailments, compared to 64.9% across Rest of NSW. The area has 9.9% (206 people) of residents aged 65 and over, which is lower than the 16.7% in Rest of NSW. Health outcomes among seniors require more attention than those for the broader population.
Frequently Asked Questions - Health
Cultural Diversity
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. Its population comprised 89.8% born in Australia, 92.9% citizens, and 93.4% speaking English only at home. Christianity was the predominant religion, accounting for 45.9%.
The most notable overrepresentation was in 'Other', with Georgetown having 0.7%, compared to Rest of NSW's 0.5%. In terms of ancestry, the top three groups were English (31.2%), Australian (27.6%), and Irish (10.4%). Notably, Welsh (0.9%) was overrepresented in Georgetown versus regionally (0.8%), as were Macedonian (0.7% vs 0.8%) and Polish (0.9% vs 0.8%).
Frequently Asked Questions - Diversity
Age
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 proportion 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 proportion of residents aged 45 to 54 has declined from 13.4% to 11.5%, and the 5-14 age group dropped from 10.1% to 8.5%. Demographic modeling suggests that Georgetown's age profile will evolve significantly by 2041. The 25-34 cohort is projected to grow strongly at a rate of 35%, adding 156 residents to reach a total of 608. Conversely, the 85+ and 15-24 cohorts are expected to experience population declines.