Suburb Profile Report for Young NSW (2594)

Young House: Median price $266,500, Annual capital growth 3.29%, Number of sales 279, Weekly median advertised rent $270

Young Unit: Median price $170,000, Annual capital growth -2.16%, Number of sales 15, Weekly median advertised rent $235

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$266,500 $170,000
2.50% N/A
6.60% -2.86%
3.29% -2.16%
$270 $235
279 15
5.27% 7.19%
108.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 10038
Median household income ($/weekly) 813
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1451 14.5
    25-34 years 1042 10.4
    35-44 years 1217 12.1
    45-54 years 1240 12.4
    55-64 years 1248 12.4
    Others 3840 38.3
    Age Group
    Census Count Percent(%)
    Registered Married 3375 49.2
    Not Married 2796 40.7
    Defacto Relationship 692 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 8885 94.3
    New Zealand 33 0.4
    Papua New Guinea 79 0.8
    United Kingdom 159 1.7
    Other 60 0.6
    Others 209 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.4
    Christianity 7925 85.4
    Islam 138 1.5
    Other Religious Groups 18 0.2
    No Religion 1149 12.4
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 393 11.8
    $400-$599 524 15.8
    $600-$799 445 13.4
    $800-$999 364 11.0
    $1,500-$1,999 363 10.9
    Others 1233 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3043 41.4
    Employed, worked full-time 2415 32.9
    Employed, worked part-time 1372 18.7
    Unemployed, looking for work 284 3.9
    Employed, away from work 236 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 549 13.6
    Professionals 552 13.7
    Technicians & trades workers 663 16.5
    Sales 508 12.6
    Labourers 578 14.4
    Others 1173 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 206 9.1
    Infants/Primary 908 40.1
    Secondary 733 32.4
    Technical or Further Educational Institution 277 12.2
    University or other Tertiary Institutions 107 4.7
    Others 34 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8549 93.7
    Flat, unit or apartment 304 3.3
    Semi-detached, row or terrace house, townhouse 250 2.7
    Caravan, cabin, houseboat 17 0.2
    House or flat attached to a shop, office 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1428 39.4
    Being purchased 1085 29.9
    Rented 1085 29.9
    Other tenure type 30 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals