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%