Youngtown
With 89.8% of dwellings being separate houses and a median house price of $667,500, Youngtown is one of greater Launceston's most owner-occupied, car-dependent suburbs. The population of 4,315 sits at a median age of 42, which is 2 years above the national figure, and the IRSAD decile of 4 places it in the lower-advantage tier nationally. Only 11.2% of residents were born overseas, compared to 21.6% nationally. Healthcare alone accounts for 22.8% of local employment, pointing to proximity to the Launceston General Hospital precinct as a structural driver of the workforce.
Population
4,315
Median Age
42.0
Household IncomeiMedian weekly household income (ABS Census)
$1,369/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$668K
YTD 2026
The median house price reached $667,500 in YTD 2026, up from $574,500 in 2024, a 16.2% rise over two years. For context, the 30-year CAGR from a $80,000 base in 1996 is 7.3%, placing recent gains above the long-run trend. Separate houses dominate at 89.8% of all dwellings, with 55.5% containing three bedrooms and 24.5% with four or more, making this a strongly family-oriented stock. Monthly mortgage repayments average $1,300, and the mortgage-to-income ratio of 21.9% is below the 30% stress threshold, which is materially more affordable than the national median. Outright owners and mortgage holders together account for 78.7% of households, indicating a settled, low-turnover ownership base.
For Buyers
The median house price reached $667,500 in YTD 2026, up from $574,500 in 2024, a 16.2% rise over two years. For context, the 30-year CAGR from a $80,000 base in 1996 is 7.3%, placing recent gains above the long-run trend. Separate houses dominate at 89.8% of all dwellings, with 55.5% containing three bedrooms and 24.5% with four or more, making this a strongly family-oriented stock. Monthly mortgage repayments average $1,300, and the mortgage-to-income ratio of 21.9% is below the 30% stress threshold, which is materially more affordable than the national median. Outright owners and mortgage holders together account for 78.7% of households, indicating a settled, low-turnover ownership base.
For Investors
Rental yield potential is modest: weekly rent averages $295 against a $667,500 median, implying a gross yield near 2.3%. The vacancy rate of 4.8% is above the 3% benchmark used to signal tight supply, so tenants are not scarce but the market is not under pressure either. Renters make up 21.3% of households, below the national share, which means tenant demand is structurally lower than in higher-density markets. Net internal migration averages 54 people per year, showing the suburb draws residents from elsewhere in Tasmania and Australia. Annual population growth of 0.87% and a gentrification score of 22 out of 100 indicate early signs of uplift, with rents having risen 34.1% over the decade, outpacing real income growth of 11.0%.
Schools in Youngtown iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Youngtown Primary School
K-6 · 328 students
Demographics
The median age of 42 is 2 years above the national average, and the suburb is on an aging trajectory: the senior share rose 4.7 points while the working-age share fell 1.5 points over the decade. Overseas-born residents are 11.2%, which is 10.4 percentage points below the national figure, reflecting Youngtown's predominantly locally-born character. Ancestry is strongly Anglo-Celtic, led by English (1,993 residents), Scottish (423) and Irish (364). University qualifications reach 26.1%, which is 4 percentage points below the national rate, consistent with the IRSAD decile 4 positioning. Average household size is 2.3, slightly below the national 2.5, and couples with children account for the largest family type at 1,300 households.
Age Distribution
Bedrooms
Dwelling Structure
89.8%
Houses
2.6%
Townhouse
7.4%
Apartment
Tenure
Price history shows consistent upward movement: $574,500 in 2024, $600,000 in 2025 and $667,500 in 2026, reaching a new peak in the current period. The 30-year CAGR of 7.3% from an $80,000 base in 1996 compares favourably to long-run inflation. Tenure is owner-heavy: 36.8% own outright and 41.9% carry a mortgage, with renters at only 21.3%, below the national renter share. The stock is overwhelmingly separate houses at 89.8%, with apartments at just 7.4% and semi-detached at 2.6%. Bedroom distribution concentrates in three-bedroom (55.5%) and four-plus-bedroom (24.5%) dwellings. The mortgage-to-income ratio of 21.9% and rent-to-income of 21.5% are both below stress thresholds, unlike many mainland capitals.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,300
Rent / wk
$295
HH Size
2.3
Personal Income / wk
$722
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
4.8%
Unoccupied
89
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
21.5%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.9%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
32.4%
Couples, no children
3,339
Total families
Economy & Employment
Healthcare is the dominant employer at 22.8% of the workforce (291 workers), well above its national share, reflecting the suburb's location near Launceston's hospital precinct. Education is second at 13.4% (171 workers), followed by Construction at 9.4% (120 workers) and Manufacturing at 6.8% (87). The top occupations are Professionals (359), Clerical and Admin (303), Community and Personal Services (285) and Managers (218). Unemployment sits at 4.6%, higher than the national rate, and the participation rate of 57.3% is below the national figure, partly because 1,326 residents are not in the labour force, consistent with an aging profile. The SEIFA IRSAD decile of 4 places the suburb in the lower half nationally, and weekly household income of $1,369 sits at the 35.4th percentile nationally.
Unemployment
4.0%
Labour Force
5,005
Unemployed
202
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
60.3%
Part-time
35.1%
Participation
57.3%
Employed
1,959
Occupations
Top Industries
University
26.1%
Postgraduate
5.7%
Born Overseas
11.2%
Dwellings
1,763
Transport to Work
Transport in Youngtown is almost entirely car-dependent: 90.1% of residents drive to work, compared to the national car-driver share, and only 1.4% use public transport. Walking and cycling account for 1.7% of commute trips. The IRSAD decile of 4 places Youngtown below the national median on the composite advantage-disadvantage index. Volunteering is active at 15.4% of residents, slightly above many comparable suburbs. Housing stress indicators are favourable: mortgage-to-income is 21.9% and rent-to-income is 21.5%, both below the 30% stress threshold. No schools are recorded within the suburb boundary in this dataset, so families rely on facilities in neighbouring Newnham, Kings Meadows and surrounding Launceston suburbs. About 8.4% of residents (353 people) require daily assistance, consistent with the older median age of 42.
Drive
90.1%
Public Transport
1.4%
Walk / Cycle
1.7%
Work from Home
N/A
Population Forecast
+0.87%/yr
(+46 people/yr)
EstablishedAnnual population growth of 0.87% adds approximately 46 persons a year, and medium forecasts project the population rising from around 5,299 in 2026 to 5,531 by 2031. The 10-year population change of 4.8% is measured growth rather than rapid expansion. Internal migration contributes an average net inflow of 54 per year, and overseas migration adds 8 per year, together categorised as a balanced migration driver rather than one dominant source. The suburb's gentrification score of 22 puts it at the early signs stage, with signals including the net internal inflow and accelerating price growth. Population stability is also evident: 76.8% of residents stayed in the same address over the census period, compared to a turnover rate of 23.2%.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+8
Net Internal / yr
+54
Gentrification Signal
Early signs
Net internal migration +54/yr, Accelerating: -4% → 12%
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Youngtown compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Youngtown a good suburb to live in?
Youngtown suits owner-occupier families well, with 89.8% separate houses, a mortgage-to-income ratio of 21.9% and a median house price of $667,500 that remains affordable by mainland standards. The IRSAD decile of 4 indicates it is below the national median on the advantage index, and public transport coverage is limited at only 1.4% of commuters. Healthcare and education services nearby support the older median age of 42.
What is the median house price in Youngtown?
The median house price is $667,500 for YTD 2026, up from $574,500 in 2024 and $600,000 in 2025. Monthly mortgage repayments average $1,300 and the mortgage-to-income ratio of 21.9% is below the 30% stress threshold. The 30-year compound annual growth rate is 7.3% from an $80,000 base in 1996.
What schools are in Youngtown?
No schools are recorded inside the Youngtown boundary in this dataset. Families access schools in adjacent suburbs including Newnham, Kings Meadows and the broader Launceston area. The local university qualification rate is 26.1%, which is 4 percentage points below the national figure.
Is Youngtown safe?
Crime statistics specific to Youngtown are not available in this dataset. As a proxy, the suburb's IRSD decile of 5 places it near the national median on relative socioeconomic disadvantage, and the mortgage-to-income ratio of 21.9% and unemployment rate of 4.6% suggest moderate economic pressure rather than concentrated deprivation.
Is Youngtown good for property investment?
At $295 weekly rent against a $667,500 median, the gross yield is approximately 2.3%, modest but above many premium markets. Rent has grown 34.1% over the decade, outpacing real income growth of 11.0%. The vacancy rate of 4.8% is above the 3% supply-tight threshold, and the renter share of 21.3% is below the national average, so yield-focused investors should note a thinner tenant pool than in higher-density markets.
How is Youngtown's population changing?
The population grew from 5,176 in 2023 to 5,294 in 2025, adding around 46 people per year at an annual rate of 0.87%. Medium forecasts project growth to 5,531 by 2031. The suburb is on an aging trajectory, with the senior share rising 4.7 points over the decade, and net internal migration contributes a positive inflow of 54 per year.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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