Current Market Valuation
Estimated market value: Value decreased by 0.4% in the last month (as of April 28, 2025) and increased by 60.5% since it last sold in 2018 . The estimated value for 4 Raglan Street (a comparable property) is $527,000 , and 2 Raglan Street is $561,000 .
Notes: The estimated value of 3 Raglan Street has seen a slight decrease recently but a significant increase since its last sale in 2018.
Purchase History
2018-06-08 - $325,000
2011-08-11 - Not specified in snippet
Property Details
Type:
House
Bedrooms:
3
Bathrooms:
1
Land (sqm):
932
Car/Garage:
Double garage with carport (2 garage spaces, 2 carport spaces)
Estimated weekly rent:
$500
Estimated rental income based on available property data (as of May 26, 2025). The estimated rental yield is 5.0%, compared to the Youngtown average of 4.9%.
Rental vacancy rate:
0.32% for Youngtown (as of latest data)
Council rate:
Not specified for this property, but comparable properties in Youngtown range from approximately $400/quarter to $608/quarter, or $1700/year to $2500/year.
Water rate:
Not specified for this property, but comparable properties in Youngtown range from approximately $268/quarter to $330/quarter, or $1000/year to $1500/year + usage.
Strata fee:
N/A (House)
Home and content insurance price:
Not available through public property searches. This depends on individual circumstances, chosen insurer, and coverage level.
Zoning Information
LGA:
Launceston City Council
Zoning:
General Residential (indicated by comparable property at 9 Dorothy Court, Youngtown , and 4 Spring Grove )
Bushfire:
Yes (detected on nearby properties like 2 and 4 Raglan Street)
Flood:
No (no flood overlays detected on nearby properties like 2 and 4 Raglan Street)
Heritage:
No (no heritage overlays detected on nearby properties like 2 and 4 Raglan Street)
Potential Developments in the Area
State Government:
A re-elected majority Liberal Government will invest $20 million over four years on new park and ride facilities in the north, including one at Kings Meadows/Youngtown.
A re-elected majority Liberal Government will invest $12 million in a new contemporary Metro Bus Interchange for urban services in the heart of Launceston.
Local Government:
The property at 377 Hobart Road, Youngtown (approx. 2798m² across three titles) is being cleared and has proposed plans for 8 dwellings (STCA), indicating potential for residential development in the suburb.
15 Raglan Street, Youngtown (933m2) has potential for unit development (STCA).
Location 3 Raglan Street, Youngtown TAS, Australia
What's Nearby
Education
Health & Medical
Transportation
No. 326 Hobart Rd - Bus Stop (Metro Tasmania services to Launceston CBD)
Opp. No. 4 Clarendon St - Bus Stop (5 min walk from Youngtown Avenue)
Kings Meadows / Youngtown - Proposed new park and ride facility
Suburb Performance
Median Price History
Youngtown is a suburb in the Launceston Region of Tasmania. The median listing price for houses in Youngtown is $595,000. The median house price in Northern Tasmania was $550,000 as of the September Quarter 2024.
Last 12 months | $602,000
Past year (from latest data) | $595,000
2 years (from latest data) | Change of -3.96%
12-Month Growth Insight
Median listing price for houses changed -0.67% over the past year in Youngtown.
Median rents for houses in Youngtown are $525 per week, with a median rental yield of 4.58%.
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