Youngtown (postcode 7249) is a smaller suburb in Tasmania within the Launceston local government area. With a population of 4,315, the suburb has an established family demographic with a median age of 42. Households earn a median income of $71K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. TAS employment has moved -1.7% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. TAS also had 17 Commonwealth-backed major projects under construction, 2 underway, and 16 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Scottish.
Median house prices in Youngtown stand at $605,000, having moved higher by 3% over the last twelve months. Units have a median price of $430,000 (-7% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,300.
Youngtown is served by 1 school, including 1 primary. The average ICSEA score is 958, which is around the national average of 1,000. Public transport access includes 31 bus stops.
From an investment perspective, Gross rental yield sits at around 5.5% (high yield). Property prices are near the state median ($605K/$740K). The price-to-income ratio of 8.5x is considered moderate. House prices have moved +3.0% year-on-year. Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.