Suburb report · NSW 2594
Young
Prepared by the property strategists at Chase Wealth Australia
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Population
10,540
Young suburb profile
Who lives in Young
Young sits 272km from the Sydney CBD, well outside the capital's orbit. Young is one of the most populous suburbs in New South Wales, with 10,540 residents, more than 83% of the state's suburbs. By population it is number 59 of 763 New South Wales suburbs and towns more than 40km from the Sydney CBD. At 41, the median age sits in the middle of the New South Wales range, older than 55% of suburbs. Among New South Wales suburbs and towns more than 40km from the Sydney CBD, 386 of 763 have an older median age.
Income and home ownership
At $64,700, the median household income sits well under the $104,500 of a typical New South Wales suburb. Among the 763 New South Wales suburbs and towns more than 40km from the Sydney CBD, 623 report a higher median household income. 69.2% of households own their home and 30.8% rent, close to the 73.1% ownership of a typical New South Wales suburb. Among New South Wales suburbs and towns more than 40km from the Sydney CBD, 243 have a lower share of owner-occupiers than Young.
Household mix
At the 2021 Census, 4,073 households lived in Young, more than in 86% of New South Wales suburbs. The household mix leans to families: families with children 38.9%, couples without children 27.3%, people living alone 31.3% and group households 2.5%. Among New South Wales suburbs and towns more than 40km from the Sydney CBD, 298 of 761 have a smaller share of families with children than Young. At 31.3%, people living alone are more common here than in 76% of New South Wales suburbs. Couples without children, at 27.3%, sit near the New South Wales middle, at the 56th percentile.
Housing supply
37 new dwellings were approved across the Young statistical area in the year to June 2025, 37% above its 2020 to 2024 average of 27 a year. The Young statistical area had 10,918 residents in 2025 and closely matches Young. That is 3.4 approvals per 1,000 residents of that area, close to the 3 of a typical New South Wales statistical area. The busiest year for approvals since 2020 was 2024, with 40, and the quietest was 2020, with 10.
Population trend
From 2020 to 2025, the Young statistical area lost 0.9% of its residents, against 5.9% for New South Wales as a whole. Over those 5 years a typical New South Wales statistical area added 2.5%, putting this area 3.4 points behind. It ranks at the 15th percentile of New South Wales statistical areas for population growth over the period. Growth was strongest in the year to 2024 (0.2%) and weakest in the year to 2025 (-0.6%).
Against its neighbours
The sharpest contrast among the suburbs profiled in the region is Orange, where the median household income is $93,400 compared with $64,700 here. On the owner-occupied share, Parkes comes closest to Young: 69.6% against 69.2%. Goulburn sits 140km away, with a median household income of $79,000 against $64,700 here.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Young data table is dated at its source. Supply and population change cover the Young statistical area, whose boundary differs from Young's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.