Swan Hill, 3585 ranked 369th in VIC when comparing growth in median property values or capital gain over the last 12 months. Swan Hill is one of 2099 in our list for VIC
Taking the average capital gain, or increase in median house value, Swan Hill,3585 has racked up an average of 4.50% over the period. This ranks it number 2817th in the whole country for real estate investors looking at median house price increases.
Swan Hill3585 is located in VIC which offers an average discount of -6.20% to property investors. Swan Hill itself is showing figures that indicate -4.00% is the average achievable by property buyers investing in the suburb.
At number 1302 in a list of fastest selling suburbs, Swan Hill is in the TOP 30% of suburbs in Australia with an average of days on market 54.54 for properties listed there.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.24%, investors should hope to achieve an overall return of 5.45%
Investment property in Swan Hill has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.58%
Comparing Swan Hill,3585 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Swan Hill, 3585. Typically our figures indicate that -5.53% is being offered, which puts this VIC suburb at 747th most discounted overall in Australia.
Renters in Suburb are facing rents around $11440 per annum or $220 every week.