Economic DevelopmentYoung, Australia’s Cherry Capital, is situated in the South West Slopes of NSW just 4 hours drive South-West from Sydney along the Hume Highway and 1 hour and 45 minutes North-West of Canberra.
The discovery of gold hastened Young’s early European settlement but as the goldfields became exhausted a diverse economy founded on agriculture emerged based on rich soils and good rainfall and Young hasn’t looked back since.
It is estimated the population of the Shire now numbers 12,861 and growing at about 1% per annum; strong, sustainable growth for a country town of its size.
Young’s major industries include agriculture, horticulture, construction, engineering and steel fabrication, retail and service industries which mean local residents enjoy stable employment and advancement opportunities along with a very comfortable standard of living. The Top Five major industry employment sectors across the Shire are agriculture, construction, retail trade, manufacturing and health care and social assistance.
Industry itself is serviced by excellent transport, power, energy and telecommunication networks and Young’s proximity to Sydney, Canberra, Wagga, Bathurst, Orange and Wollongong means potential markets to 550,000 people are within easy reach.
Indeed International but locally based company, Hydrodec, which has advanced technology in transformer oil refining, waste management and oil recycling, now has a plant in the US and office in London proving you can use Young as a base and do business anywhere.
As a major retail centre featuring a comprehensive mix of national chains and locally owned and operated businesses, Young services a population base of 56,000 people all within an hour’s drive of the town.
The Shire itself encompasses 2,693 square kilometres from the Riverina in the South-West to the Central West Slopes and Plains in the North-East across to the Southern Tablelands in the South-East.
Across the Shire residential development is concentrated in the town of Young as well as the villages of Bendick Murrell, Bribbaree, Koorawatha, Monteagle and Murringo and the localities of Crowther, Kingsvale, Maimuru, Milvale, Thuddungra, Wambanumba and Wirrimah.
Your home at Young could be located on anything from a residential block in town or one of our rural villages, to small acreage rural lifestyle blocks or broad acres depending on your lifestyle and budget.
Residents enjoy the luxury of a near new hospital, opened in 2004, a new Sports Stadium, new aged care facilities, a modern aquatic centre, a vast array of clubs, hotels and sporting facilities, major banks, a cinema, Regional School of Music, two high schools, 10 primary schools across the district and a TAFE College.
If Young sounds like the kind of town you could call home simply come and see what it has to offer you. Be sure to make the Young Visitor Information Centre, located in Young’s historic Railway Station, Lovell Street, your first port of call and they’ll be able to make your stay a memorable one with information on everything to see and do while you’re in town.
Value of Development Applications since 1997
1997/1998 $15,000,000.00
1998/1999 $16,777,619.00
1999/2000 $12,664,103.00
2000/2001 $15,226,699.00
2001/2002 $34,467,612.00
2002/2003 $24,745,747.00
2003/2004 $31,446,300.00
2004/2005 $39,562,513.00
2005/2006 $17,364,243.00
2006/2007 $21,474,112.00
2007/2008 $53,904,938.00
2008/2009 $26,477,093.00
2009/2010 $36,000,000.00 (est)
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