At number 1995th in the list of Australian suburbs ordered by increase in median house value over the last year, Youngtown, 7249 is in the top half with a property value increase of 4.39% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Youngtown has increased when compared to the 5 year average annual rate.
Vendor discounting in Youngtown is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 68th in TAS when ranking the most discounted suburbs.
With the median price for a house in Youngtown being $273500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.70%