Suburb Profile Report for Swansea NSW (2281)

Swansea House: Median price $595,000, Annual capital growth 5.65%, Number of sales 63, Weekly median advertised rent $420

Swansea Unit: Median price $420,000, Annual capital growth 3.99%, Number of sales 38, Weekly median advertised rent $350

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Swansea, 2281 ranked 438th in NSW when comparing growth in median property values or capital gain over the last 12 months. Swansea is one of 3163 in our list for NSW

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.

Property investors looking for a bargain in Swansea should be aiming for at least -8.09% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2740 in a list of fastest selling suburbs, Swansea is in the bottom 30% of suburbs in Australia with an average of days on market 97.16 for properties listed there.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Swansea has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.45% to date .

While Swansea,2281 ranked number 406th in NSW for increase in median house value (annualised) increase, it is ranked 312th over the last 5 years.

Property investors looking for a bargain in Swansea should be aiming for at least -6.26% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 95.16km from the CBD, Swansea is one of Lake Macquarie (C) localities in the postcode 2281.

Metrics i HOUSE UNIT
$595,000 $420,000
2.59% -0.59%
2.15% -3.45%
5.65% 3.99%
$420 $350
63 38
3.67% 4.33%
97.16 109.625

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4833
Median household income ($/weekly) 708
Median age of persons 49
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 535 11.1
    45-54 years 605 12.5
    55-64 years 689 14.3
    65-74 years 714 14.8
    75-84 years 479 9.9
    Others 1812 37.5
    Age Group
    Census Count Percent(%)
    Not Married 1742 46.7
    Registered Married 1722 46.1
    Defacto Relationship 270 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4089 91.0
    Papua New Guinea 41 0.9
    Philippines 21 0.5
    United Kingdom 179 4.0
    Other 36 0.8
    Others 125 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.7
    Christianity 3403 78.5
    Islam 11 0.3
    Other Religious Groups 16 0.4
    No Religion 871 20.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 300 16.2
    $400-$599 350 18.9
    $600-$799 241 13.0
    $800-$999 182 9.8
    $1,000-$1,249 152 8.2
    Others 629 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2049 53.3
    Employed, worked full-time 933 24.3
    Employed, worked part-time 560 14.6
    Unemployed, looking for work 162 4.2
    Employed, away from work 137 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 330 20.3
    Community & personal service workers 192 11.8
    Clerical & administrative workers 209 12.8
    Sales 183 11.2
    Labourers 233 14.3
    Others 480 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 65 8.5
    Infants/Primary 283 37.0
    Secondary 231 30.2
    Technical or Further Educational Institution 101 13.2
    University or other Tertiary Institutions 66 8.6
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3570 79.7
    Semi-detached, row or terrace house, townhouse 644 14.4
    Flat, unit or apartment 222 5.0
    Caravan, cabin, houseboat 37 0.8
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 887 44.7
    Rented 604 30.5
    Being purchased 438 22.1
    Other tenure type 54 2.7
    Tenure Type
Census 2011, ABS
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