Powered by MOMENTUM MEDIA
Youngtown
AREA REPORTS

Youngtown

Youngtown - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7249

house

YOUNGTOWN, 7249 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling YOUNGTOWN, 7249 values up and netting property investors a capital gain of 8.45% for the past year.

Investors saw the median home price rise to $385,000.

Profits due to an upward trend in home prices in the suburb averaged 8.74% per annum over a 3-year period.

YOUNGTOWN now ranks at the 88th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in YOUNGTOWN are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $362.5 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In YOUNGTOWN, homes and units usually stay on listing for an average of 28.4 days.

In 2016, 73 properties were sold in YOUNGTOWN during the past year, making it the 17th most active market in TAS based on total real estate transactions.

Data report can be found below

Youngtown
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $385,000 N/A
GROWTH REPORT
Median Quarterly 2.53% N/A
Median 12 month 8.45% N/A
Median 3 years 26.23% N/A
Median 5 years 46.11% N/A
10 years average annual 3.32% N/A
Weekly media advert. rent $362.5 N/A
Time on Market 28.4 days N/A
Gross Rental Yield Percent 4.9% N/A
demographics (median values)*
Total Population
12774
Weekly Household Income
1086
Household Size
2.20
Age
39
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.