VIC has seen average median house prices change by 7.68% which means that Swan Hill, 3585 has done well for property investors by showing a capital gain of 5.66% over the last year
The five-year average increase in median property values for Swan Hill,3585 has given property investors a potential capital gain of 12.72% across each of those five years.
Property buyers and investors in Swan Hill 3585 should be seeing an average reduction in asking price of around -4.58% . This means that Swan Hill is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Swan Hill the average time real estate has been on the market is 91.78 days.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 2.27%, investors should hope to achieve an overall return of 5.17%
At number 120th in the list of Australian suburbs ordered by increase in median house value over the last year, Swan Hill, 3585 is in the top 10% with a property value increase of 19.48% recorded in median house prices.
The five-year average increase in median property values for Swan Hill,3585 has given property investors a potential capital gain of 21.05% across each of those five years.
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 -4.49% is being offered, which puts this VIC suburb at 922th most discounted overall in Australia.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 4.97%, without taking into account capital value appreciation, which has been averaging out at 2.04%.