Property investors who have had real estate in Youngtown, 7249 should be relatively unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.57%
Over the longer term, Youngtown has seen property prices show investors a 1.75% return over the last 3 years. This is an improvement over the last 12 months
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.38%, without taking into account capital value appreciation, which has been averaging out at 1.16%.
With the median price for a house in Youngtown being $265000 and the advertised rent reaching $257.5 the gross rental yield for property investors calculates out to be 5.05%