Question 1

Is Yass a nice place to live?

Accepted Answer

Yass is a historic country town on the Southern Tablelands beside the Yass River, set among rolling grazing country. A tree-lined main street of sandstone buildings with cafes, pubs and small shops gives a relaxed regional hub feel. Housing ranges from tidy period cottages close to the centre to larger rural properties and horse studs on the outskirts, and residents include farming families, commuters to nearby centres and people seeking a quieter lifestyle. Local schools, medical services and sporting clubs are well established and major road and rail links are within easy reach.

The town has 6,763 residents with a median age of 42, a typical household income of $1,739 a week and largely owner-occupied housing (34.3% owned outright and 41.3% owned with a mortgage). Couple families, with and without children, make up more than four in five families. Recent civic investment includes the Crago Mill Precinct with council offices and a purpose-built library, while a water treatment upgrade and regional transmission works are active in the area. Whether Yass suits you depends on whether you value an established regional centre with a mix of town and rural living.

Question 2

Is it expensive to live in Yass?

Accepted Answer

In Yass, $600 a week in house rent would take about 34.5% of a typical local household's weekly income at the last Census, which is a sizeable share. The median house price of $852,500 works out to about 9.4 times a typical local household's annual income at the last Census, putting buying well above what people locally earned then.

If you're renting rather than buying, that rent share is the number that matters; for buyers, the price multiple shows buying sits at a high multiple of local incomes at the last Census. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Yass a good place to invest?

Accepted Answer

House values in Yass rose 10.2% over the past 12 months, a strong increase in what a house is worth. House rents also climbed, up 9.1% over the same period, a solid rise in rental income. For someone weighing Yass as an investment, the figures show capital growth slightly outpaced rental growth this year; which matters more will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$853K	N/A
Change in value Past 12 months	10.2%	N/A
Sold Past 3 months	36	1
Median days on market Past 12 months	82	N/A
Average rent Past 12 months	$600	N/A
Change in rent Past 12 months	9.1%	N/A

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