NSW has seen average median house prices change by 9.74% which means that Swansea, 2281 has done well for property investors by showing a capital gain of 9.47% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Swansea comes in at number 761th in NSW.
Our latest figures would indicate that property sellers in Swansea are currently offering property investors an average price cut of -3.44% below the asking price at the moment.
Residents and property investors in Swansea have been waiting around 48.98 days to sell a property.
With the median price for a house in Swansea being $520000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.95%
NSW has seen average median house prices change by 6.96% which means that Swansea, 2281 has done well for property investors by showing a capital gain of 0.00% over the last year
Comparing Swansea,2281 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Swansea itself are offering an average vendor discount of -3.66% to real estate investors.
The NSW suburb of Swansea, 2281 is in the Lake Macquarie local government area.