Suburb Profile Report for Swan Hill VIC (3585)

Swan Hill House: Median price $266,000, Annual capital growth 2.76%, Number of sales 194, Weekly median advertised rent $298

Swan Hill Unit: Median price $232,500, Annual capital growth 2.24%, Number of sales 22, Weekly median advertised rent $220

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

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.

Metrics i HOUSE UNIT
$266,000 $232,500
-0.75% 3.56%
2.31% 3.33%
2.76% 2.24%
$298 $220
194 22
5.82% 4.92%
50.91971 73.70588

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Swan Hill VIC
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
Chart Table