Suburb Profile Report for Youngtown TAS (7249)

Youngtown House: Median price $305,000, Annual capital growth 2.38%, Number of sales 84, Weekly median advertised rent $320

Youngtown Unit: Median price $271,500, Annual capital growth 3.64%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

TAS has seen average median house prices change by 10.33% which means that Youngtown, 7249 has done well for property investors by showing a capital gain of 10.91% over the last year

Youngtown,7249 has offered an average of 10.91% return per annum in house price rises to property investors over the last three years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.69% offered to property buyers. Sellers in Youngtown itself are offering an average vendor discount of -5.73% to real estate investors.

Residents and property investors in Youngtown have been waiting around 58.25 days to sell a property.

The TAS suburb of Youngtown, 7249 is in the Launceston local government area.

With a capital gain of 13.13% for the last 12 months, Youngtown, 7249 has performed for property investments than its average annual 3.64% property growth over the last 5 years.

While Youngtown,7249 ranked number 30th in TAS for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Youngtown, 7249. Typically our figures indicate that -5.25% is being offered, which puts this TAS suburb at 640th most discounted overall in Australia.

In the last year 16 properties changed hands in Youngtown, which puts it as the 43th most active market in TAS when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$305,000 $271,500
1.67% 1.31%
10.91% 13.13%
2.38% 3.64%
$320 N/A
84 16
5.46% N/A
58.25 106.58

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
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Recent sales & rentals