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Swansea
AREA REPORTS

Swansea

Swansea - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2281

house
unit

Property investments in SWANSEA did not fare well against the rest of the country last year, registering a median home price decrease of 12.07%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SWANSEA, 2281 saw average growth in the long term.

Real estate investors could earn a rental income of $405 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 83.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $650,000.

SWANSEA ranks 666th on the list of best yielding suburbs for rental properties in NSW, posting a 3.24% return.

Data report can be found below

Swansea
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 $425,000
GROWTH REPORT
Median Quarterly 4.42% 1.19%
Median 12 month 12.07% 0.59%
Median 3 years 13.04% 8.35%
Median 5 years 46.73% 16.44%
10 years average annual 6.16% 4.3%
Weekly media advert. rent $405 $350
Time on Market 83.3 days 88.9 days
Gross Rental Yield Percent 3.24% 4.28%
demographics (median values)
Total Population
4637
Weekly Household Income
569.5
Household Size
2.20
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