Suburb Profile Report for Youngtown TAS (7249)

Youngtown House: Median price $275,000, Annual capital growth 0.84%, Number of sales 69, Weekly median advertised rent $310

Youngtown Unit: Median price $223,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Youngtown, 7249 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was 0.00%.

If we look at median property appreciation over just the last three months, Youngtown has given property investors a paper return of 0.00%. This puts Suburb as 123 on a list of fastest fasting appreciating suburbs in TAS

At number 91th of TAS’s most discounted properties, Youngtown is in the middle of the state/territory when listing in order of most discounted to least.

Sellers are offering property buyers an average discount of -6.44% to buyers in Youngtown at the moment, which is less than average for the rest of TAS.

In the last year 13 properties changed hands in Youngtown, which puts it as the 52th most active market in TAS when comparing the number of sales per suburb.

Property investors should expect to get $245 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$275,000 $223,000
0.00% -3.67%
0.00% N/A
0.84% N/A
$310 $245
69 13
5.86% 5.71%
73.72 152.16

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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Demographics
Total population 4050
Median household income ($/weekly) 1029
Median age of persons 40
Median housing loan repayment ($/monthly) 1430
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 463 11.4
    25-34 years 521 12.9
    35-44 years 545 13.5
    45-54 years 500 12.3
    55-64 years 460 11.4
    Others 1560 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 1529 52.5
    Not Married 1072 36.8
    Defacto Relationship 311 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3545 91.8
    New Zealand 26 0.7
    Papua New Guinea 24 0.6
    United Kingdom 126 3.3
    Other 29 0.8
    Others 110 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 8 0.2
    Christianity 2685 73.0
    Hinduism 24 0.7
    Islam 7 0.2
    No Religion 952 25.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 174 12.2
    $600-$799 171 12.0
    $800-$999 179 12.6
    $1,500-$1,999 197 13.8
    $2,000-$2,499 142 10.0
    Others 560 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1196 37.8
    Employed, worked full-time 1140 36.1
    Employed, worked part-time 621 19.6
    Employed, away from work 121 3.8
    Unemployed, looking for work 83 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 229 12.2
    Professionals 259 13.8
    Technicians & trades workers 284 15.1
    Clerical & administrative workers 335 17.8
    Sales 225 12.0
    Others 545 29.0
    Occupation
    Census Count Percent(%)
    Pre-school 39 5.1
    Infants/Primary 306 40.1
    Secondary 225 29.5
    Technical or Further Educational Institution 82 10.7
    University or other Tertiary Institutions 93 12.2
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3292 88.7
    Flat, unit or apartment 333 9.0
    Semi-detached, row or terrace house, townhouse 84 2.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 616 41.0
    Fully owned 545 36.3
    Rented 298 19.8
    Other tenure type 44 2.9
    Tenure Type
Census 2011, ABS
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