I’m only about 2 years late to the show, but figured I would share how easy it was to migrate from my local Subversion repository to a local Git repository.

Make sure you have local filesystem access to the SVN repository and run the following commands:

git svn clone --username=yourgitusername file:///mnt/nfs/fs/svn/YourRepository/ YourRepository.git
cd YourRepository.git
git remote add origin http://x.x.x.x:3000/yourgitusername/YourRepository.git
git push -u origin master

At this point you are good to start using your git repository and destroy your old SVN repository.