Georgetown (NSW)

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

As of Feb 2026, the population of the suburb of Georgetown (NSW) is estimated at around 2,064 people. This reflects a decrease from the 2021 Census figure of 2,072 people, indicating a change of -8 people (-0.4%). The current resident population estimate of 2,044 by AreaSearch follows examination of the latest ERP data release by the ABS (June 2024) and includes an additional 29 validated new addresses since the Census date. This results in a population density ratio of 3,752 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Population growth was primarily driven by overseas migration during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections 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 released in 2022 with a base year of 2021 are used. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Considering projected demographic shifts, the suburb of Georgetown (NSW) is expected to experience an above median population growth among Australian non-metropolitan areas. By 2041, the area's population is projected to expand by 332 persons, reflecting a gain of 15.1% in total over the 17 years.

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 based on AreaSearch analysis of ABS building approval numbers. Over the past 5 financial years, from FY-21 to FY-25, around 30 homes were approved with an additional 1 approved so far in FY-26. On average, about 1.6 people moved to the area for each dwelling built over these years, indicating balanced supply and demand conditions. However, this ratio decreased to 0.4 people per dwelling over the past 2 financial years, suggesting more balanced supply conditions recently.

New homes are being constructed at an average expected cost of $510,000, reflecting a focus on premium segment properties by developers. In comparison, commercial development approvals totalled $241,000 in the current financial year, indicating minimal commercial development activity. Compared to Rest of NSW, Georgetown has roughly half the rate of new dwelling approvals per person and ranks among the 48th percentile nationally, offering somewhat limited buyer options while supporting demand for established homes. This lower level may reflect market maturity and possible development constraints. Building activity shows a focus on higher-density living with 67% townhouses or apartments compared to 33% standalone homes, creating more affordable entry points for downsizers, investors, and first-home buyers. This shift contrasts with the current housing mix of 86% houses, likely due to reduced availability of development sites and changing lifestyle demands.

Georgetown has around 349 people per dwelling approval, indicating a developed market. Looking ahead, AreaSearch estimates Georgetown's population will grow by 312 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers 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 influence an area's performance. AreaSearch has identified two projects likely impacting the area. Key projects are Former Waratah Gasworks Redevelopment, Waratah Park Masterplan, Hunter Indoor Sports Centre, and Hunter Net Zero Manufacturing Centre of Excellence. The following details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Georgetown has seen below average employment performance when compared to national benchmarks

Georgetown has an educated workforce with prominent representation in essential services sectors. The unemployment rate is 4.3%. Employment stability over the past year is relative.

As of December 2025, 1,239 residents are employed with an unemployment rate at 4.7%, which is 0.8% higher than Regional NSW's rate of 3.9%. Workforce participation stands at 75.2%, surpassing Regional NSW's 61.3%. According to Census data, 28.0% of residents work from home. Covid-19 lockdown impacts should be considered.

Top employment industries are health care & social assistance, education & training, and construction. Georgetown 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 Regional NSW's average of 5.3%. Local employment opportunities appear limited based on Census working population vs resident population comparison. Between December 2024 and December 2025, employment increased by 0.1%, labour force rose by 1.3%, causing unemployment rate to rise by 1.2 percentage points. In contrast, Regional NSW experienced employment decline of 1.2% and labour force decline of 0.8%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand in Georgetown. Over five years, national employment is forecasted to expand by 6.6%, with local employment projected to increase by 7.1%. Over ten years, national employment growth is 13.7%, with Georgetown's expected growth at 14.8%. These projections are simple weighted extrapolations based on current industry-specific projections 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 based on latest ATO data aggregated by AreaSearch for financial year 2023. Median income among taxpayers in Georgetown is $61,717 and average income stands at $74,134, compared to Regional NSW's figures of $52,390 and $65,215 respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated incomes as of September 2025 would be approximately $67,185 (median) and $80,702 (average). 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, placing disposable income at 65th percentile nationally. Area's SEIFA income ranking places it in the 6th decile.

Georgetown is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Georgetown's dwellings, as per the latest Census, consisted of 85.5% houses and 14.5% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Regional NSW had 82.6% houses and 17.4% other dwellings. Home ownership in Georgetown was at 27.0%, with the remaining dwellings either mortgaged (42.6%) or rented (30.4%). The median monthly mortgage repayment in Georgetown was $2,000, higher than Regional NSW's average of $1,733. The median weekly rent in Georgetown was recorded at $423, compared to Regional NSW's $330. Nationally, Georgetown's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

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

Family households comprise 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% of the total. The median household size is 2.3 people, smaller than the Regional 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+ have a higher proportion with university qualifications at 32.7%, compared to the Rest of NSW (21.3%) and SA4 region (26.1%). 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 such qualifications, including advanced diplomas (9.2%) and certificates (25.4%). Educational participation is high, with 27.8% currently enrolled in formal education, comprising primary (7.7%), tertiary (7.6%), and secondary (5.5%) levels.

Educational participation is notably high, with 27.8% of residents 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

Georgetown has 14 active public transport stops serving a mix of bus routes. These stops are covered by 22 different routes, offering a total of 691 weekly passenger trips. Transport accessibility is excellent, with residents typically living 138 meters from the nearest stop. As a primarily residential area, most commutes are outward-bound, with cars being the dominant mode at 92%. On average, there are 1.3 vehicles per dwelling, below the regional average. According to the 2021 Census, 28% of residents work from home, which may be influenced by COVID-19 conditions.

Across all routes, service frequency averages 98 trips per day, equating to about 49 weekly trips per individual stop.

Health performance in Georgetown is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Georgetown faces significant health challenges, as assessed by AreaSearch's analysis of mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across both younger and older age cohorts.

The rate of private health cover is very high at approximately 56% of the total population (around 1,160 people), compared to 51.9% across Regional NSW. The most common medical conditions in the area are mental health issues and asthma, impacting 12.6 and 8.7% of residents respectively, while 66.3% of residents declare themselves completely clear of medical ailments, compared to 63.3% across Regional NSW. Working-age residents show an above-average prevalence of chronic health conditions. The area has 9.7% of residents aged 65 and over (200 people), which is lower than the 23.4% in Regional NSW. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general 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 was the main religion, comprising 45.9% of people in Georgetown. The most apparent overrepresentation was in Other religions, which comprised 0.7% of the population compared to 0.8% across Regional NSW.

In terms of ancestry, the top three represented groups were English (31.2%), Australian (27.6%), and Irish (10.4%). Notably, certain ethnic groups showed higher representation than regional averages: Welsh at 0.9% in Georgetown vs 0.5%, Macedonian at 0.7% vs 0.4%, and Polish at 0.9% vs 0.5%.

Georgetown's population is slightly younger than the national pattern

Georgetown's median age is 34, which is lower than Regional NSW's figure of 43 and Australia's national average of 38 years. The 25-34 cohort is notably over-represented in Georgetown at 22.4%, compared to the Regional NSW average, while those aged 65-74 are under-represented at 6.5%. This concentration of residents aged 25-34 is well above the national average of 14.4%. Between 2021 and now, younger residents have caused a decrease in median age by 1.6 years to 34. Specifically, the 25 to 34 age group has increased from 18.0% to 22.4%, while the 35 to 44 cohort has risen from 14.6% to 16.7%. Conversely, the 45 to 54 cohort has declined from 13.4% to 11.1%, and the 5 to 14 group has dropped from 10.1% to 8.5%. Population forecasts for 2041 indicate significant demographic changes in Georgetown. Notably, the 25 to 34 age group is projected to grow by 29% (132 people), reaching 595 from 462. Conversely, both the 15 to 24 and 65 to 74 age groups are expected to see reduced numbers.