Suburb Profile Report for Youngtown TAS (7249)

Youngtown House: Median price $283,000, Annual capital growth 1.33%, Number of sales 64, Weekly median advertised rent $313

Youngtown Unit: Median price $247,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $258

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Youngtown have tracked just lower than the TAS average of 8.18% over the last 12 months.

While Youngtown,7249 ranked number 46th in TAS for increase in median house value (annualised) increase, it is ranked 127th over the last 5 years.

Our latest figures would indicate that property sellers in Youngtown are currently offering property investors an average price cut of -5.65% below the asking price at the moment.

Situated 155.99km from the CBD, Youngtown is one of Launceston localities in the postcode 7249.

If we look at median property appreciation over just the last three months, Youngtown has given property investors a paper return of 10.99%. This puts Suburb as 5 on a list of fastest fasting appreciating suburbs in TAS

The most recent median price for Youngtown is $247500, with sellers offering an average of -6.34% off the asking price.

Renters in Suburb are facing rents around $3090 per annum or $257.5 every week.

Metrics i HOUSE UNIT
$283,000 $247,500
4.52% 10.99%
0.00% N/A
1.33% N/A
$313 $258
64 14
5.74% 5.41%
68.71 153.41

Source: CoreLogic

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