If you compare the increase in value of investment property in Swan Hill, 3585 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.92%.
Over the longer term, Swan Hill has seen property prices show investors a 13.08% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Swan Hill 3585 should be seeing an average reduction in asking price of around -4.68% . This means that Swan Hill is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $3240 per annum or $270 every week.
With a capital gain of -2.17% for the last 12 months, Swan Hill, 3585 has performed for property investments than its average annual 1.21% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Swan Hill has increased when compared to the 5 year average annual rate.
Swan Hill, 3585 is offering VIC ‘s 221th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 5.32%, without taking into account capital value appreciation, which has been averaging out at 1.21%.