Suburb Profile Report for Swansea TAS (7190)

Swansea House: Median price $395,000, Annual capital growth 1.99%, Number of sales 20, Weekly median advertised rent N/A

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.

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House Report

Investment property in Swansea has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.61%

Comparing Swansea,7190 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Swansea should be aiming for at least -7.06% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 20 properties changed hands in Swansea, which puts it as the 126th most active market in TAS when comparing the number of sales per suburb.

Metrics	HOUSE	UNIT
Median price	$395,000	N/A
Quarterly growth	-1.86%	N/A
12-month growth	24.61%	N/A
Average Annual Growth	1.99%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	20	N/A
Gross rental yield	N/A	N/A
Days on market	112.0625	N/A

DSR Score for property investment : Above average (H), Balanced (U)

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Demographics

Total population	770
Median household income ($/weekly)	672
Median age of persons	59
Median housing loan repayment ($/monthly)	1083
Average household size	2

Census	Count	Percent(%)
5-14 years	71	9.2
45-54 years	99	12.8
55-64 years	159	20.6
65-74 years	157	20.4
75-84 years	80	10.4
Others	205	26.6

Age Group

Census	Count	Percent(%)
Registered Married	313	58.5
Not Married	175	32.7
Defacto Relationship	47	8.8

Social Marital Status

Census	Count	Percent(%)
Australia	640	89.3
Indonesia	4	0.6
Papua New Guinea	4	0.6
United Kingdom	51	7.1
Other	11	1.5
Others	7	1.0

Country of Birth

Census	Count	Percent(%)
Christianity	560	81.2
No Religion	127	18.4
Other Religious Groups	3	0.4
Buddhism	0	0.0
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	39	13.6
$400-$599	61	21.3
$600-$799	43	15.0
$800-$999	40	13.9
$1,500-$1,999	26	9.1
Others	78	27.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	361	55.5
Employed, worked full-time	144	22.1
Employed, worked part-time	107	16.4
Employed, away from work	23	3.5
Unemployed, looking for work	16	2.5

Person Characteristics

Census	Count	Percent(%)
Managers	52	19.1
Technicians & trades workers	30	11.0
Community & personal service workers	32	11.8
Clerical & administrative workers	31	11.4
Labourers	50	18.4
Others	77	28.3

Occupation

Census	Count	Percent(%)
Infants/Primary	42	55.3
Secondary	19	25.0
Technical or Further Educational Institution	9	11.8
Pre-school	6	7.9
University or other Tertiary Institutions	0	0.0
Others	0	0.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	508	81.4
Semi-detached, row or terrace house, townhouse	76	12.2
Flat, unit or apartment	18	2.9
Caravan, cabin, houseboat	3	0.5
House or flat attached to a shop, office	16	2.6
Others	3	0.5