Suburb Profile Report for Swan Hill VIC (3585)

Swan Hill House: Median price $270,500, Annual capital growth 2.58%, Number of sales 184, Weekly median advertised rent $305

Swan Hill Unit: Median price $256,500, Annual capital growth 3.31%, Number of sales 32, Weekly median advertised rent $210

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Swan Hill, 3585 have given investors a capital gain of 2.08%. This compares favourably with the -1.79% for VIC as a whole.

Comparing Swan Hill,3585 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.29% to buyers in Swan Hill at the moment, which is less than average for the rest of VIC.

If you compare the increase in value of investment property in Swan Hill, 3585 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.00%.

Taking the average capital gain, or increase in median house value, Swan Hill,3585 has racked up an average of 13.00% over the period. This ranks it number 522th in the whole country for real estate investors looking at median house price increases.

At number 241th of VIC’s most discounted properties, Swan Hill is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Situated 302.06km from the CBD, Swan Hill is one of Swan Hill (RC) localities in the postcode 3585.

Metrics i HOUSE UNIT
$270,500 $256,500
0.37% 4.48%
2.08% 13.00%
2.58% 3.31%
$305 $210
184 32
5.86% 4.26%
54.9186991869919 61.2380952380952

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. 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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