Investment property in Youngtown has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.56%
Across a shorter period, Youngtown, 7249 has seen a median price increase of 0.00% over the last quarter.
At number 133th of TAS’s most discounted properties, Youngtown is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Youngtown, 7249 ranked 47th in TAS when comparing growth in median property values or capital gain over the last 12 months. Youngtown is one of 606 in our list for TAS
A 25.57% growth in median value for property investors in Youngtown,7249 puts this suburb at number 28th in terms of best performing suburbs in TAS
Property investors looking for a bargain in Youngtown should be aiming for at least -8.64% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 19 properties changed hands in Youngtown, which puts it as the 41th most active market in TAS when comparing the number of sales per suburb.
Property investors should expect to get $250 weekly from the median priced house in this suburb.
Located on the outskirts of Launceston, Youngtown is an affordable spot that’s perfect for those looking for peace and quietFull summary
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Supply goes up in quiet suburb
Median unit price: $304,000
Stock on market: 50.0%
12-month growth: 7.4%
Located on the outskirts of Launceston, Youngtown is an affordable spot that’s perfect for those looking for peace and quiet.
Housing supply in this suburb saw a considerable increase over the 12 months to October 2018 from 20 to 32. This has been accompanied by steady price increases in the market since 2013. Even then, Youngtown is easy on the wallet, with a good house coming in at a median price of around $300,000.
Launceston is only approximately a 10-minute drive, while Centro Meadow Mews is roughly 5 minutes off. The suburb has a primary school and a football oval that the South Launceston Football club calls home. The locality of Franklin Village, which contains some historical homes like Franklin House and St James Anglican Church, is situated within Youngtown as well.Close