The post-budget guide to commercial property investing

Swansea

POSTAL CODE: NSW, 2281
HOUSE
UNIT

Property investments in SWANSEA fare well against the rest of the country last year, registering a median home price increase of 13.78%.

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 $675 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 79.6 days.

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

Property investors perceived the median home price rise to $1,135,000.

SWANSEA ranks 645th on the list of best yielding suburbs for rental properties in NSW, posting a 3.09% return.

Surburb overview

Swansea is a lakeside suburb in the City of Lake Macquarie, NSW, with postcode 2281, situated beside Swansea Channel near the entrance connecting Lake Macquarie with the Pacific Ocean.

The suburb is about 26 kilometres south-west of Newcastle’s central business district, with the Pacific Highway providing the main road connection towards Belmont, Charlestown and Newcastle.

The 2021 Census recorded 5,044 residents in Swansea, with the suburb comprising a mix of established residential areas, commercial development, and waterfront land. Swansea serves as a local centre for surrounding communities, including Caves Beach, Blacksmiths, Pelican and Nords Wharf.

The suburb does not have a railway station, making buses and private vehicles the primary modes of transport for residents. Bus services connect Swansea with Belmont, Charlestown and Newcastle, as well as neighbouring suburbs around the eastern and southern sides of Lake Macquarie.

Swansea Public School provides primary education, while Swansea High School provides secondary education within the local area.

The commercial centre along and around the Pacific Highway contains supermarkets, pharmacies, shops, banks, cafes and other everyday services. Medical practices and allied healthcare providers operate locally, while Belmont Hospital in Croudace Bay provides hospital services to the wider district.

Swansea Channel is a defining geographical feature and forms the navigable passage between Lake Macquarie and the Pacific Ocean. The Swansea Bridge carries the Pacific Highway across the channel and opens to allow taller vessels to pass between the lake and ocean.

Boating, fishing, kayaking and other water-based activities are available along the channel and adjoining sections of Lake Macquarie. Swansea Channel also has boat-launching facilities and foreshore areas used for picnicking, walking and informal recreation.

Nearby Blacksmiths Beach provides access to the Pacific Ocean for swimming, surfing and fishing, while Grannies Pool offers a sheltered swimming area near the channel entrance. Caves Beach, to the south-east, provides additional coastal recreation, including its sea caves, while Wallarah National Park protects bushland and coastal environments further south.

Local sporting grounds, parks and community facilities provide additional recreation options throughout Swansea and adjoining suburbs.

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