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Swansea

POSTAL CODE: TAS, 7190
HOUSE

Based on its average 5-year and quarterly capital gains SWANSEA, 7190 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SWANSEA, 7190 obtained a 8.65% growth over a ten-year period. It ranks 755th on our list of suburbs that property investors should look into.

SWANSEA, 7190 in TAS belongs to the local government area of Glamorgan-Spring Bay.

SWANSEA, 7190 has a capital gain of 2.93% for the past year, which is lower than average compared to its 24.24% growth within a five-year period.

With the median home price in SWANSEA sitting at $615,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

Surburb overview

Swansea is a charming coastal town located on the east coast of Tasmania, approximately 135 kilometres northeast of Hobart and about 150 kilometres southeast of Launceston. Positioned along the shores of Great Oyster Bay, Swansea is known for its stunning coastal scenery, rich history, and vibrant community, making it a popular destination for both residents and visitors who appreciate a serene lifestyle amidst Tasmania’s natural beauty.

The population of Swansea is relatively small, with a community composed of long-term residents who have deep ties to the area, as well as newcomers and seasonal visitors attracted by Swansea’s coastal charm and outdoor recreational opportunities. Tourism, agriculture, and fishing are key industries in Swansea, contributing significantly to the local economy. The town’s proximity to some of Tasmania’s finest vineyards and wineries also plays a role in its appeal, with local wine production being an important part of the region’s identity.

Public transportation in Swansea is limited, so residents typically rely on private vehicles for commuting and accessing services. The town is well-connected by the Tasman Highway, which provides easy access to nearby towns and major cities like Hobart and Launceston. Swansea offers essential services such as supermarkets, schools, healthcare facilities, a post office, and various retail outlets. For more specialised services, higher education, or extensive shopping options, residents often travel to Hobart or Launceston.

Swansea falls under the jurisdiction of the Glamorgan Spring Bay Council, which is responsible for managing local services and infrastructure. The council focuses on supporting sustainable development while preserving the natural beauty and historical significance of the area. Educational needs for children in Swansea are met by the local Swansea Primary School, and for secondary education, students typically travel to nearby towns or larger cities. For tertiary education, residents generally look to institutions in Hobart or Launceston.

The town is located near the iconic Freycinet Peninsula, home to the famous Wineglass Bay, which is widely regarded as one of the most beautiful beaches in the world. The nearby Freycinet National Park offers hiking, birdwatching, and wildlife observation, making it a popular destination for nature enthusiasts. The waters of Great Oyster Bay are ideal for fishing, boating, and kayaking, and the area is renowned for its abundance of oysters and other seafood.

Swansea’s rich history is another significant aspect of its appeal. The town is one of the oldest settlements on Tasmania’s east coast, with a number of heritage-listed buildings and sites that reflect its colonial past. The Bark Mill Museum in Swansea is a popular attraction, offering insight into the town’s history as a hub for the timber and tannin industries.

The community in Swansea is close-knit, with local events, markets, and festivals playing an important role in bringing residents and visitors together. The town’s relaxed pace of life, combined with its strong sense of community and commitment to preserving its natural and cultural heritage, makes it an appealing place to live or visit.

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