At number 2617th in the list of Australian suburbs ordered by increase in median house value over the last year, Young, 2594 is in the BOTTOM 40% with a property value increase of 2.04% recorded in median house prices.
While Young,2594 ranked number 970th in NSW for increase in median house value (annualised) increase, it is ranked 1072th over the last 5 years.
Vendor discounting in Young is giving property investors an average Vendor Discount of around -6.84%. This puts suburb at number 268th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Young the average time real estate has been on the market is 129.76 days.
Investment property in Young has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.97%
Over the longer term, Young has seen property prices show investors a -29.00% return over the last 3 years. This is an improvement over the last 12 months
In the last year 11 properties changed hands in Young, which puts it as the 555th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Young being $177500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 6.74%