Over the last year, property investments in Young, 2594 have given investors a capital gain of 2.91%. This compares badly with the 7.47% for NSW as a whole.
A 8.11% growth in median value for property investors in Young,2594 puts this suburb at number 1146th in terms of best performing suburbs 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 -6.85% is being offered, which puts this NSW suburb at 1338th most discounted overall in Australia.
At number 3297 in a list of fastest selling suburbs, Young is in the bottom 20% of suburbs in Australia with an average of days on market 126.31 for properties listed there.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.47%, without taking into account capital value appreciation, which has been averaging out at 3.24%.
If you compare the increase in value of investment property in Young, 2594 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.71%.
If we look at median property appreciation over just the last three months, Young has given property investors a paper return of 1.18%. This puts Suburb as 298 on a list of fastest fasting appreciating suburbs in NSW
Advertised rents are around the $230 mark per week – giving a return of 6.95% based on the median price in Suburb