What is the true cost of buying an apartment in Young?

The median apartment in Young is $280,000. Including stamp duty ($7,970), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $29,492, or $2,458/month.

What does it really cost to buy a house in Young?

The median house in Young is $420,000. True first-year cost including stamp duty ($13,430), rates, insurance, maintenance, and mortgage repayments is approximately $32,688.

What is the vacancy rate in Young?

Young currently has a vacancy rate of 1.8%. Properties average 45 days on market.

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True Cost of Buying in Young

2594 NSW · 380km to CBD

Stable

Market Intelligence

Young is a rural city in the South West Slopes region of NSW, famously known as the 'Cherry Capital of Australia'. With a population of approximately 7,000, it serves as a vital regional service center for surrounding agricultural areas. The town features a stable, aging population typical of rural NSW communities, with strong agricultural and tourism sectors. Young offers an affordable property market compared to major NSW cities, attracting tree-changers seeking lifestyle properties. The community benefits from solid infrastructure including Young District Hospital, quality educational facilities, and the annual National Cherry Festival that draws thousands of visitors. Located on the Olympic Highway, Young provides good road access to Sydney and Melbourne, while maintaining its charming rural character. The local economy is diversified across agriculture, healthcare, education, and tourism, providing reasonable employment opportunities for a regional center.

Known as Cherry Capital of Australia with strong agricultural economyAffordable property market attracting tree-changers and investorsRegional service center with good healthcare and educational facilitiesAnnual National Cherry Festival boosts tourism and local economyStrategic location on Olympic Highway with access to major cities

Market Snapshot

Median House

$420K

+8.5% 1yr

Median Apartment

$280K

+6.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

45 avg DOM

Yield (Apartment)

6.1%

Yield (House)

5.2%

Auction Clearance

65%

Population

7,000

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$2,458/mo

Purchase Price

$280,000

Stamp Duty

$7,970

1st Year Total

$29,492

House

$2,724/mo

Purchase Price

$420,000

Stamp Duty

$13,430

1st Year Total

$32,688

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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