Suburb Profile Report for Swansea NSW (2281)

Swansea House: Median price $520,000, Annual capital growth 4.30%, Number of sales 71, Weekly median advertised rent $385

Swansea Unit: Median price $370,000, Annual capital growth 3.39%, Number of sales 42, Weekly median advertised rent $345

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 8.26% which means that Swansea, 2281 has done well for property investors by showing a capital gain of 13.04% over the last year

Taking the average capital gain, or increase in median house value, Swansea,2281 has racked up an average of 13.04% over the period. This ranks it number 1038th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Swansea is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 861th in terms of most discounted suburbs in NSW

Swansea is in the bottom 40% in NSW when comparing median price capital growth over the last year. Swansea gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.82%.

The five-year average increase in median property values for Swansea,2281 has given property investors a potential capital gain of 37.04% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Swansea itself are offering an average vendor discount of -4.17% to real estate investors.

Often selling an investment property can take time, and in Swansea the average time real estate has been on the market is 81.96 days.

Swansea, 2281’s gross rental yield is 4.85%

Metrics i HOUSE UNIT
$520,000 $370,000
0.00% 0.68%
13.04% 0.82%
4.30% 3.39%
$385 $345
71 42
3.85% 4.85%
52.39 81.96

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Swansea NSW
Demographics
Total population 4833
Median household income ($/weekly) 708
Median age of persons 49
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 535 11.1
    45-54 years 605 12.5
    55-64 years 689 14.3
    65-74 years 714 14.8
    75-84 years 479 9.9
    Others 1812 37.5
    Age Group
    Census Count Percent(%)
    Not Married 1742 46.7
    Registered Married 1722 46.1
    Defacto Relationship 270 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4089 91.0
    Papua New Guinea 41 0.9
    Philippines 21 0.5
    United Kingdom 179 4.0
    Other 36 0.8
    Others 125 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.7
    Christianity 3403 78.5
    Islam 11 0.3
    Other Religious Groups 16 0.4
    No Religion 871 20.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 300 16.2
    $400-$599 350 18.9
    $600-$799 241 13.0
    $800-$999 182 9.8
    $1,000-$1,249 152 8.2
    Others 629 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2049 53.3
    Employed, worked full-time 933 24.3
    Employed, worked part-time 560 14.6
    Unemployed, looking for work 162 4.2
    Employed, away from work 137 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 330 20.3
    Community & personal service workers 192 11.8
    Clerical & administrative workers 209 12.8
    Sales 183 11.2
    Labourers 233 14.3
    Others 480 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 65 8.5
    Infants/Primary 283 37.0
    Secondary 231 30.2
    Technical or Further Educational Institution 101 13.2
    University or other Tertiary Institutions 66 8.6
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3570 79.7
    Semi-detached, row or terrace house, townhouse 644 14.4
    Flat, unit or apartment 222 5.0
    Caravan, cabin, houseboat 37 0.8
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 887 44.7
    Rented 604 30.5
    Being purchased 438 22.1
    Other tenure type 54 2.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals