Property investors who have had real estate in Swan Hill, 3585 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.66%
While Swan Hill,3585 ranked number 645th in VIC for increase in median house value (annualised) increase, it is ranked 538th over the last 5 years.
Our latest figures would indicate that property sellers in Swan Hill are currently offering property investors an average price cut of -4.75% below the asking price at the moment.
Swan Hill is 50th on a list of best yielding suburbs for rents in VIC with a 5.62% return
Giving property investors a an average capital gain of 3.37% for the last year, Swan Hill, 3585 is the 893th highest performer in Australia in this respect.
LACK OF BUYER INTEREST may well be the reason that Swan Hill is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 198th in terms of most discounted suburbs in VIC