At number 1532th in the list of Australian suburbs ordered by increase in median house value over the last year, Swanbourne, 6010 is in the top 40% with a property value increase of 6.88% recorded in median house prices.
Comparing Swanbourne,6010 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Swanbourne are currently offering property investors an average price cut of -10.13% below the asking price at the moment.
Using the current median advertised rental of $677.5 and the average annual increase in value of a median property of 5.16%, investors should hope to achieve an overall return of 2.06%
If we look at median property appreciation over just the last three months, Swanbourne has given property investors a paper return of 16.81%. This puts Suburb as 3 on a list of fastest fasting appreciating suburbs in WA
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.