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.