Suburb Profile Report for Swansea NSW (2281)

Swansea House: Median price $515,000, Annual capital growth 4.49%, Number of sales 66, Weekly median advertised rent $370

Swansea Unit: Median price $367,500, Annual capital growth 3.21%, Number of sales 38, Weekly median advertised rent $330

  • 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 6.87% which means that Swansea, 2281 has done well for property investors by showing a capital gain of 16.65% over the last year

While Swansea,2281 ranked number 595th in NSW for increase in median house value (annualised) increase, it is ranked 686th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Swansea itself are offering an average vendor discount of -6.22% to real estate investors.

Residents and property investors in Swansea have been waiting around 50.26 days to sell a property.

At number 1032th in the list of Australian suburbs ordered by increase in median house value over the last year, Swansea, 2281 is in the BOTTOM 50% with a property value increase of 0.41% recorded in median house prices.

Comparing Swansea,2281 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Swansea, 2281. Typically our figures indicate that -4.09% is being offered, which puts this NSW suburb at 1066th most discounted overall in Australia.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

With the median price for a house in Swansea being $367500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.67%

HOUSE UNIT
$515,000 $367,500
2.79% -0.68%
16.65% 0.41%
4.49% 3.21%
$370 $330
66 38
3.74% 4.67%
50.26 81.38

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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
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