Suburb Profile Report for Swan Hill VIC (3585)

Swan Hill House: Median price $255,500, Annual capital growth 1.83%, Number of sales 178, Weekly median advertised rent $270

Swan Hill Unit: Median price $230,000, Annual capital growth 1.27%, Number of sales 29, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -7.01% for the last year, Swan Hill, 3585 is the 3741th highest performer in Australia in this respect.

Swan Hill,3585 was ranked 3463 in Australia by increase in median property value over the quarter.

Swan Hill, 3585 is offering VIC ‘s 346th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Residents and property investors in Swan Hill have been waiting around 82.01 days to sell a property.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.50%, without taking into account capital value appreciation, which has been averaging out at 1.83%.

Giving property investors a a stable capital gain of 8.75% for the last year, Swan Hill, 3585 is the 496th highest performer in Australia in this respect.

Property investors looking for a bargain in Swan Hill should be aiming for at least -4.22% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Swan Hill the average time real estate has been on the market is 56.55 days.

Property investors should expect to get $220 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$255,500 $230,000
-2.11% N/A
-7.01% 8.75%
1.83% 1.27%
$270 $220
178 29
5.50% 4.97%
82.01 56.55

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 10430
Median household income ($/weekly) 886
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1384 13.3
    25-34 years 1296 12.4
    35-44 years 1219 11.7
    45-54 years 1300 12.5
    55-64 years 1147 11.0
    Others 4084 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 3590 48.7
    Not Married 3076 41.8
    Defacto Relationship 701 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8909 90.1
    Indonesia 198 2.0
    Japan 139 1.4
    United Kingdom 123 1.2
    Other 220 2.2
    Others 296 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 6859 71.6
    Hinduism 60 0.6
    Islam 156 1.6
    Other Religious Groups 151 1.6
    No Religion 2301 24.0
    Others 59 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 376 10.4
    $400-$599 542 15.0
    $600-$799 449 12.4
    $800-$999 383 10.6
    $1,500-$1,999 372 10.3
    Others 1491 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2999 37.9
    Employed, worked full-time 2966 37.5
    Employed, worked part-time 1436 18.2
    Employed, away from work 290 3.7
    Unemployed, looking for work 220 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 701 14.9
    Professionals 813 17.3
    Technicians & trades workers 668 14.2
    Clerical & administrative workers 600 12.8
    Sales 566 12.1
    Others 1342 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 149 6.9
    Infants/Primary 852 39.5
    Secondary 718 33.3
    Technical or Further Educational Institution 238 11.0
    University or other Tertiary Institutions 119 5.5
    Others 79 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8459 88.2
    Flat, unit or apartment 769 8.0
    Semi-detached, row or terrace house, townhouse 327 3.4
    Caravan, cabin, houseboat 28 0.3
    House or flat attached to a shop, office 11 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1365 34.7
    Fully owned 1352 34.4
    Being purchased 1190 30.3
    Other tenure type 25 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals