Young, 2594 ranked 1217th in NSW when comparing growth in median property values or capital gain over the last 12 months. Young is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Young comes in at number 1270th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Young, 2594. Typically our figures indicate that -6.51% is being offered, which puts this NSW suburb at 1368th most discounted overall in Australia.
On average over the past year, suburb has had 21.67 sales per month, which equates to 260 per year.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 2.98%, investors should hope to achieve an overall return of 5.50%
Investment property in Young has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.86%
Over the longer term, Young has seen property prices show investors a -26.09% return over the last 3 years. This is an improvement over the last 12 months
Advertised rents are around the $235 mark per week – giving a return of 7.19% based on the median price in Suburb