Yes. The older the domain the more stable the website is and it lends more credibility to the search engines.
With all of googles updates it can take longer now to rank a website in googles search results.
Unless you're a really great SEO Expert or very lucky you will need to wait awhile before getting your website ranked in the search engines and gain lots of traffic.
My other website
http://webmasterbabble.com took almost 4 years before I really started getting search engine traffic.
Now that it's been around for almost a half decade google trusts the website more realizing that it's a stable website that wasn't just put up and would vanish in a year or 2.
Be patient and you should see results over time and the older the website the more traffic you should get from search engines.
Just keep adding content and you should see your website grow over time.
Same as a garden. Plant it now and take care of it and wait and then you'll see the fruits of your labor in the future.