TAS has seen average median house prices change by 8.73% which means that Youngtown, 7249 has done well for property investors by showing a capital gain of 14.38% over the last year
Youngtown,7249 has offered an average of 14.38% return per annum in house price rises to property investors over the last three years.
Youngtown, 7249 is offering TAS ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this TAS.
Residents and property investors in Youngtown have been waiting around 48.5345 days to sell a property.
Youngtown is 57th on a list of best yielding suburbs for rents in TAS with a 5.27% return
Youngtown, 7249 ranked 38th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Youngtown comes in at number 45th in TAS.
Property investors should expect to get $277.5 weekly from the median priced house in this suburb.
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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.