Suburb Profile Report for Youngtown TAS (7249)

Youngtown House: Median price $271,500, Annual capital growth 0.78%, Number of sales 69, Weekly median advertised rent $310

Youngtown Unit: Median price $182,000, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $235

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

Source: CoreLogic

  • House Report
  • Unit Report

TAS has seen average median house prices change by 6.16% which means that Youngtown, 7249 has done well for property investors by showing a capital gain of 1.69% over the last year

While Youngtown,7249 ranked number 134th in TAS for increase in median house value (annualised) increase, it is ranked 116th over the last 5 years.

Property buyers and investors in Youngtown 7249 should be seeing an average reduction in asking price of around -6.33% . This means that Youngtown is holding prices well when compared to other suburbs in TAS.

Situated 155.92km from the CBD, Youngtown is one of Launceston localities in the postcode 7249.

Vendor discounting in Youngtown is giving property investors an average Vendor Discount of around -7.01%. This puts suburb at number 6th in TAS when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $2820 per annum or $235 every week.

Metrics i HOUSE UNIT
$271,500 $182,000
-1.27% -11.65%
1.69% N/A
0.78% N/A
$310 $235
69 14
5.94% 6.71%
81.65 133.54

Source: CoreLogic

DSR Score for property investment : Good (U), 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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Recent sales & rentals