Suburb Profile Report for Swan Hill VIC (3585)

Swan Hill House: Median price $292,500, Annual capital growth 2.64%, Number of sales 180, Weekly median advertised rent $310

Swan Hill Unit: Median price $265,000, Annual capital growth 4.50%, Number of sales 30, Weekly median advertised rent $230

  • 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

Investment property in Swan Hill 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 10.17%

Swan Hill,3585 was ranked 895 in Australia by increase in median property value over the quarter.

The most recent median price for Swan Hill is $292500, with sellers offering an average of -3.99% off the asking price.

Swan Hill, 3585’s gross rental yield is 5.51%

Swan Hill is in the TOP 20% in VIC when comparing median price capital growth over the last year. Swan Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 15.47%.

While Swan Hill,3585 ranked number 166th in VIC for increase in median house value (annualised) increase, it is ranked 19th over the last 5 years.

Swan Hill3585 is located in VIC which offers an average discount of -5.98% to property investors. Swan Hill itself is showing figures that indicate -4.29% is the average achievable by property buyers investing in the suburb.

Swan Hill, 3585’s gross rental yield is 4.51%

Metrics i HOUSE UNIT
$292,500 $265,000
3.36% 1.34%
10.17% 15.47%
2.64% 4.50%
$310 $230
180 30
5.51% 4.51%
49.6434782608696 30.1111111111111

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 : Very good (H), Very good (U)
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Demographics
Total population 10430
Median household income ($/weekly) 886
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1384 13.3
    25-34 years 1296 12.4
    35-44 years 1219 11.7
    45-54 years 1300 12.5
    55-64 years 1147 11.0
    Others 4084 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 3590 48.7
    Not Married 3076 41.8
    Defacto Relationship 701 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8909 90.1
    Indonesia 198 2.0
    Japan 139 1.4
    United Kingdom 123 1.2
    Other 220 2.2
    Others 296 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 6859 71.6
    Hinduism 60 0.6
    Islam 156 1.6
    Other Religious Groups 151 1.6
    No Religion 2301 24.0
    Others 59 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 376 10.4
    $400-$599 542 15.0
    $600-$799 449 12.4
    $800-$999 383 10.6
    $1,500-$1,999 372 10.3
    Others 1491 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2999 37.9
    Employed, worked full-time 2966 37.5
    Employed, worked part-time 1436 18.2
    Employed, away from work 290 3.7
    Unemployed, looking for work 220 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 701 14.9
    Professionals 813 17.3
    Technicians & trades workers 668 14.2
    Clerical & administrative workers 600 12.8
    Sales 566 12.1
    Others 1342 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 149 6.9
    Infants/Primary 852 39.5
    Secondary 718 33.3
    Technical or Further Educational Institution 238 11.0
    University or other Tertiary Institutions 119 5.5
    Others 79 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8459 88.2
    Flat, unit or apartment 769 8.0
    Semi-detached, row or terrace house, townhouse 327 3.4
    Caravan, cabin, houseboat 28 0.3
    House or flat attached to a shop, office 11 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1365 34.7
    Fully owned 1352 34.4
    Being purchased 1190 30.3
    Other tenure type 25 0.6
    Tenure Type
Census 2011, ABS
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