Property investors who have had real estate in Young, 2594 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.60%
Young,2594 has offered an average of 6.60% return per annum in house price rises to property investors over the last three years.
The most recent median price for Young is $266500, with sellers offering an average of -6.21% off the asking price.
On average over the past year, suburb has had 23.25 sales per month, which equates to 279 per year.
Young is 123th on a list of best yielding suburbs for rents in NSW with a 5.27% return
Giving property investors a an unimpressive capital gain of -2.86% for the last year, Young, 2594 is the 1312th highest performer in Australia in this respect.
The five-year average increase in median property values for Young,2594 has given property investors a potential capital gain of -21.84% across each of those five years.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Using the current median advertised rental of $235 and the average annual increase in value of a median property of -2.16%, investors should hope to achieve an overall return of 7.19%