With a capital gain of 7.84% for the last 12 months, Swansea, 2281 has performed for property investments than its average annual 5.24% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Swansea has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Swansea are currently offering property investors an average price cut of -1.73% below the asking price at the moment.
Residents and property investors in Swansea have been waiting around 28.93 days to sell a property.
Property investors who have had real estate in Swansea, 2281 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.45%
Comparing Swansea,2281 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 32 properties changed hands in Swansea, which puts it as the 365th most active market in NSW when comparing the number of sales per suburb.