If you compare the increase in value of investment property in Swan Hill, 3585 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.92%.
Over the longer term, Swan Hill has seen property prices show investors a 13.33% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Swan Hill are currently offering property investors an average price cut of -4.90% below the asking price at the moment.
Property investors should expect to get $270 weekly from the median priced house in this suburb.
Over the last year, property investments in Swan Hill, 3585 have given investors a capital gain of 13.92%. This compares very favourably with the 4.26% for VIC as a whole.
Swan Hill,3585 was ranked 1374 in Australia by increase in median property value over the quarter.
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 Swan Hill, 3585. Typically our figures indicate that -4.40% is being offered, which puts this VIC suburb at 971th most discounted overall in Australia.
Residents and property investors in Swan Hill have been waiting around 55.05 days to sell a property.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 5.08%, without taking into account capital value appreciation, which has been averaging out at 0.79%.