Middle Swan

POSTAL CODE: WA, 6056
HOUSE

Property investors enjoyed capital gains of 19.82% over the last 12 months in MIDDLE SWAN, translating to lower returns compared with its peers in WA.

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

The suburb posted a 70% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.

On average, rents on listings have reached the $625 mark, reflecting a 4.78% increase in returns based on the current median price in MIDDLE SWAN.

MIDDLE SWAN, 6056 ranks 117th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 126th on the list of best yielding suburbs for rental properties in WA, posting a 4.78% return.

Surburb overview

Middle Swan is a suburb within the City of Swan, approximately 20 kilometres northeast of Perth's central business district. Bordered by the Swan River to the west, it is renowned for its contributions to the Swan Valley wine region, housing notable wineries such as Nikola Estate (formerly Houghton) and Sandalford. 

According to the 2016 Australian Census, Middle Swan had a population of 2,857, reflecting a 5.7% increase from 2011. The median age of residents is 38, and households primarily comprise couples with children. A significant majority of homes are owner-occupied, indicating a stable community. 

The median house price in Middle Swan is approximately $550,000, with an annual capital growth rate of 29.1%. Rental properties yield a median rent of $600 per week, offering a gross rental yield of 5.7%. Houses typically spend an average of 8 days on the market, reflecting strong demand in the area. 

Middle Swan is accessible via major roads such as the Great Northern Highway and Reid Highway, providing residents with connectivity to Perth and surrounding regions. Public transportation options include bus services that link to Midland Station, a significant transport hub offering further connections to the greater Perth area.

The suburb is home to several educational institutions, including Swan Christian College, catering to students from kindergarten to year 12, and St. Brigid's Primary School. Additional amenities, including shopping centres and healthcare facilities, are accessible near Midland.

Middle Swan's location within the Swan Valley offers residents access to numerous wineries, restaurants, and leisure activities. The suburb's proximity to the Swan River provides opportunities for outdoor activities such as picnicking and kayaking.

Residents describe Middle Swan as a suburb with a country feel and large blocks, offering a peaceful environment close to essential services. The area is noted for its proximity to shops, schools, the airport, and parks, making it convenient for various lifestyles. 

Middle Swan is a distinctive suburb within the Perth metropolitan area. It offers suburban and semi-rural living with access to essential services, educational institutions, and recreational activities. 

You’re out of free articles for this month
Loading form...