Property investors who have had real estate in Swansea, 2281 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.02%
If we look at median property appreciation over just the last three months, Swansea has given property investors a paper return of 3.03%. This puts Suburb as 459 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Swansea is $510000, with sellers offering an average of -6.65% off the asking price.
The NSW suburb of Swansea, 2281 is in the Lake Macquarie local government area.
NSW has seen average median house prices change by 5.59% which means that Swansea, 2281 has done well for property investors by showing a capital gain of 1.37% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Swansea has increased when compared to the 5 year average annual rate.
Swansea, 2281 is offering NSW ‘s 292th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Advertised rents are around the $330 mark per week – giving a return of 4.64% based on the median price in Suburb