How does domain age effect SEO?

[motionz]

How does the domain age of any site effect the SEO?

Actually, the domain age does have a little effect in the SERP's but it does not effect much. The most important things to get ranked against a several years aged domain with your few months old domain is building content, and getting links which really matters.
Check out this video of Matt Cutts : <!-- m --><a class="postlink" href="https://www.youtube.com/watch?v=-pnpg00FWJY">https://www.youtube.com/watch?v=-pnpg00FWJY</a><!-- m -->