If you compare the increase in value of investment property in Swansea, 2281 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.16%.
While Swansea,2281 ranked number 269th in NSW for increase in median house value (annualised) increase, it is ranked 627th over the last 5 years.
The most recent median price for Swansea is $495000, with sellers offering an average of -6.75% off the asking price.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.53%, investors should hope to achieve an overall return of 3.78%
Investment property in Swansea has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.37%
Our latest figures would indicate that property sellers in Swansea are currently offering property investors an average price cut of -3.73% below the asking price at the moment.
Often selling an investment property can take time, and in Swansea the average time real estate has been on the market is 84.67 days.