Suburb Profile Report for Swan Reach VIC (3903)

Swan Reach House: Median price $371,250, Annual capital growth 16.59%, Number of sales 10, Weekly median advertised rent $315

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

Investment property in Swan Reach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.00%

Across a shorter period, Swan Reach, 3903 has seen a median price increase of 0.34% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.01% offered to property buyers. Sellers in Swan Reach itself are offering an average vendor discount of -9.08% to real estate investors.

Swan Reach, 3903’s gross rental yield is 4.41%

Metrics i HOUSE UNIT
$371,250 N/A
0.34% N/A
10.00% N/A
16.59% N/A
$315 N/A
10 N/A
4.41% N/A
187.33333 N/A

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 : Below average (H), Balanced (U)
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Demographics
Total population 625
Median household income ($/weekly) 736
Median age of persons 53
Median housing loan repayment ($/monthly) 1325
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 52 8.3
    35-44 years 68 10.9
    45-54 years 90 14.4
    55-64 years 145 23.2
    65-74 years 92 14.7
    Others 177 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 273 57.2
    Not Married 153 32.1
    Defacto Relationship 51 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 510 84.3
    Greece 8 1.3
    Hong Kong 8 1.3
    New Zealand 8 1.3
    United Kingdom 50 8.3
    Others 21 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 370 66.1
    No Religion 183 32.7
    Buddhism 7 1.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 32 13.4
    $400-$599 41 17.2
    $600-$799 27 11.3
    $800-$999 26 10.9
    $1,000-$1,249 19 8.0
    Others 93 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 231 45.4
    Employed, worked full-time 126 24.8
    Employed, worked part-time 113 22.2
    Employed, away from work 25 4.9
    Unemployed, looking for work 14 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 36 13.5
    Technicians & trades workers 42 15.8
    Community & personal service workers 28 10.5
    Clerical & administrative workers 46 17.3
    Labourers 43 16.2
    Others 71 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 12 12.2
    Infants/Primary 34 34.7
    Secondary 25 25.5
    Technical or Further Educational Institution 15 15.3
    University or other Tertiary Institutions 6 6.1
    Others 6 6.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 512 87.4
    Caravan, cabin, houseboat 70 11.9
    Improvised home, tent, sleepers out 4 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 137 52.5
    Being purchased 72 27.6
    Rented 52 19.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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