With a capital gain of 4.36% for the last 12 months, Youngtown, 7249 has performed for property investments than its average annual 1.31% property growth over the last 5 years.
The five-year average increase in median property values for Youngtown,7249 has given property investors a potential capital gain of 2.61% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.06% offered to property buyers. Sellers in Youngtown itself are offering an average vendor discount of -6.71% to real estate investors.
Advertised rents are around the $310 mark per week – giving a return of 5.86% based on the median price in Suburb
Property buyers and investors in Youngtown 7249 should be seeing an average reduction in asking price of around -6.80% . This means that Youngtown is holding prices well when compared to other suburbs in TAS.
With the median price for a house in Youngtown being $206000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.81%