If you compare the increase in value of investment property in Young, 2594 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Young comes in at number 1300th in NSW.
LACK OF BUYER INTEREST may well be the reason that Young is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 91th in terms of most discounted suburbs in NSW
Residents and property investors in Young have been waiting around 142.46 days to sell a property.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 3.25%.
Young is in the TOP 30% in NSW when comparing median price capital growth over the last year. Young gave property investors a good capital gain figure when compared to the rest of the state, with 13.43%.
Over the longer term, Young has seen property prices show investors a 6.44% return over the last 3 years. This is an improvement over the last 12 months