Is Age Everything When It Comes to SEO?

One of the major factors that Google and other search engines consider before ranking a site is its age. Website age is obviously different from Domain age. In essence, Google will give you preference if your site was first indexed much earlier than some of your competitors. But is Site age really a good indicator for the best search results possible? While I understand that Google wants to make sure that new sites prove themselves and are trustworthy to be displayed high on SERPs, I certainly don’t believe age is a good indicator for the quality of information on a site. Like the old saying goes, age does not equal wisdom or does it?