Young is the Cherry Capital of Australia — a thriving agricultural town in the Central West Slopes where fruit growing, wool production, and significant stone fruit orcharding create a remarkably productive rural economy. Young's famous cherry harvest attracts seasonal workers and tourists nationally, while its improving arts and café scene, beautiful heritage streetscapes from the Lambing Flat gold rush era, and yields above 6.5% from a stable agricultural workforce create solid investment fundamentals within comfortable driving distance of Canberra. At the current $440k median house price, an 80% loan at 6.25% over 30 years is about $2,167 per month.
| Median house price | $440,000 |
|---|---|
| Median unit price | $330,000 |
| Estimated monthly repayment | $2,167 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.2% |
| Gross rental yield | 6.8% |
| Typical days on market | 18 |
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