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.

  • 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 i HOUSE UNIT
$395,000 N/A
-1.86% N/A
24.61% N/A
1.99% N/A
N/A N/A
20 N/A
N/A N/A
112.0625 N/A

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), 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
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 173 55.4
    Being purchased 72 23.1
    Rented 61 19.6
    Other tenure type 6 1.9
    Tenure Type
Census 2011, ABS
Chart Table