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Investment Property Youngtown, TAS, 7249

Suburb Snapshot

Youngtown is a suburb in the Launceston Region of Tasmania. Youngtown has a population of 4,054 people and 20.85% of its occupants live in rental accommodation. The median listing price for houses is $595,000 and this has changed -0.67% over the past year and changed -3.96% over 2 years.

The median rent in Youngtown for houses is $525 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed -37.14% compared to last year and the average time to sell a house/townhouse is 76 days.The median listing price for units is $385,000 and this has changed -2.54% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Youngtown is $445 per week, producing a rental yield of 6.01%.

Supply & Demand in Youngtown, Launceston

0.32%

Current vacancy rate


7

Rental stock available


4,054

Population


20.85%

Rental population


0.70%

Current vacancy rate


226

Rental stock available


65,275

Population


30.07%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Youngtown, Launceston

  House Townhouses Units
Median listing price $595,000 NA $385,000
Median price change - last quarter -0.34% NA 0.00%
Median price change - 1 year -0.67% NA -2.54%
Median price change - 2 years -3.96% NA NA
  House Townhouses Units
Median weekly rent $525 NA $445
Median yield % 4.58% NA 6.01%
Median rent change - 1 year 2.94% NA 11.25%
  House Units
Previous month sales 8 1
Stock on market previous month 22 1
Stock variance vs. last year -37.14% -75.00%
Average days on market 76 85

Youngtown investment property listings

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